The sell-off in stocks since March was just the start and the correction has further to go as risks mount, JPMorgan says
There's a 50-50 chance stocks could lose as much as 30% in the next two years, Smead Capital's CEO warned.
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- The recent stock slump was just the start of a correction, according to JPMorgan.
- Investors are too complacent with some risks, and inflation and geopolitics could hurt the market.
Stocks staged a rebound on Monday after six consecutive days of declines, but JPMorgan says the correction that's taken place since record highs in late March was just the start.
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