JPMorgan Chase Surges to 15th Most Traded Stock with $5.76 Billion Volume Despite 8.05% Price Drop

On April 4, 2025, JPMorgan Chase (JPM) experienced a significant trading volume of $5.76 billion, marking a 45.45% increase from the previous day. This surge placed JPMorgan as the 15th most traded stock on the day. However, the stock price declined by 8.05%, marking the second consecutive day of losses, with a total decrease of 14.46% over the past two days.

JPMorgan's Chief Economist, Bruce Kasman, has issued a stark warning about the economic fallout from former President Donald Trump's proposed tariffs. In a research note titled "There Will Be Blood," Kasman highlighted the potential for a 60% chance of a global recession in 2025, up from the previous estimate of 40%. The anticipated tariffs are expected to exacerbate economic conditions through retaliation, a decline in US business sentiment, and supply chain disruptions.

JPMorgan is set to report its first-quarter earnings next week, amidst market turmoil caused by Trump's tariff proposals. The bank's performance will be closely watched as it navigates through the economic uncertainties and potential impacts on its financial health.

Analysts have expressed mixed sentiments regarding JPMorgan's stock. While some see strong growth potential for the first quarter of 2025, others caution about the potential risks posed by the tariffs and the broader economic environment. The consensus among top analysts remains a buy recommendation for JPMorgan stock, but the recent market volatility and economic forecasts add layers of complexity to the investment outlook.