This Wall Street pro saw the stock-market chaos coming. He says investors should wait to buy again.

When Wall Street strategists were cheering on President Trump’s electoral victory and projecting another rosy year for U.S. stocks, J.P. Morgan’s Michael Cembalest was taking a decidedly different tack.

Mar 14, 2025 - 22:13
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This Wall Street pro saw the stock-market chaos coming. He says investors should wait to buy again.
When Wall Street strategists were cheering on President Trump’s electoral victory and projecting another rosy year for U.S. stocks, J.P. Morgan’s Michael Cembalest was taking a decidedly different tack.