According to the latest report released by J.P. Morgan's global market strategy team, the investor deleveraging process that began in the US in June continues, and there is room for further deleveraging in the three fields of leveraged stock ETFs, options markets, and margin accounts, which will continue to suppress stock market performance in the next few months. They estimate that for the ratio of leveraged stock ETF size to the underlying market value to return to pre-April levels, it will take about three months of volatile markets.

According to the latest report released by J.P. Morgan's global market strategy team, the investor deleveraging process that began in the US in June continues, and there is room for further deleveraging in the three fields of leveraged stock ETFs, options markets, and margin accounts, which will continue to suppress stock market performance in the next few months. They estimate that for the ratio of leveraged stock ETF size to the underlying market value to return to pre-April levels, it will take about three months of volatile markets.