JPMorgan: Software stock sell-off may continue, US stocks are in a "sell first, buy later" mode

格隆汇 March 3｜Troy Rohrbaugh, Co-Head of Commercial and Investment Banking at JPMorgan, warned that the sell-off in software stocks may continue, and that the US stock market is currently in a "sell first, buy later" mode. He believes that the continued decline in software stocks is not entirely rational, but that does not mean the situation will not persist. This panic sentiment is also spreading to other industries, including financial and wealth management stocks.