One of the world's largest investment companies JP Morgan Chase&Co. may reduce payments to its specialists and cut staff in connection with reduction of market capacity of fixed income instruments and derivatives. At the same time, it is not marked when the reduction can happen. Further situation in the company will depend on the company's revenue.
It should be noted that the investment giant Morgan Stanley also reduces the number of specialists in the departments of securities with fixed income and currency traders. Considering the possibility of correction on global stock markets in the medium term, we recommend to sell shares of the company JP Morgan Chase&Co. with the potential drop by 10-15%.