Next financial crisis will strike in 2020, says JPMorgan
Strategists at American investment bank JPMorgan Chase have predicted the next financial crisis to strike in 2020. JPMorgan said that investors should brace for a US stock slide of about 20%, a 48% slide in emerging-market stocks and a 14.4% drop in emerging currencies. Notably, this year marks the 10th anniversary of the 2008 Global Financial Crisis (GFC).