Dow Won’t Crash Because Trump Won’t Let It Happen: J.P. Morgan

By CCN Markets: The Dow Jones chalked up back-to-back losses this week, but don’t fear an all-out crash. Trump won’t let it happen, says JP Morgan’s top analyst. As trade war fears persist, Marko Kolanovic said Trump would sooner sign a trade deal with China than let the US economy fall into recession on his watch. With the 2020 election looming, there’s no way Trump will let the stock markets crash, the JP Morgan analyst affirmed. “If there is a trade deal, which would be rational to expect going into election year, we think that about half of the market

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