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A top JPMorgan Chase executive is warning that stocks could fall as much as 40% in the next few years.Daniel Pinto, JPMorgan's co-president, said during an interview on Bloomberg Television Thursday that he believes market gains should continue for the next year or two. But he added that investors are nervous, and that the recent announcement about tariffs and trade wars contribute to their unease."Markets are going to be nervous, nervous about anything. Nervous about anything that relates to inflation, nervous about anything that relates to growth," he said. "These tariffs, if they go a lot beyond what has been announced, it is something that will concern the markets about future growth."He said it's normal for there to be a correction at the end of an investing cycle, and that markets could be heading for a "deep correction" of between 20% and 40%, depending upon the market values at the time the downturn starts."We know there will be correction at some point," he said.Related: Wall Street is on edge about tariffsThe markets briefly fell into correction territory last month as the the Dow Jones industrial average plummeted more than 3,200 points, or 12%, in just two weeks. The market then rallied from those lows, and the S&P 500 and Dow both ended February up for the year.But so far this month, concerns about a possible trade war and the departure of former Goldman Sachs executive Gary Cohn as President Donald Trump's chief economic adviser roiled markets once again.Related: Trump's tariff bombshell - Catch up herePinto oversees corporate and investment banking at JPMorgan Chase, the nation's largest bank. In January he was promoted to co-president and co-chief operating officer, setting him up as one of the two leading contenders to be the next CEO when Jamie Dimon retires. Dimon has said he intends to stay in place until at least 2023, though.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 1987

A man was chased and shot with a stun gun after exposing himself inside a Phoenix Walmart.Phoenix police report that on April 8, an off-duty uniformed officer noticed a man exposing himself, while inside the store. The officer called for backup and watched as 21-year-old Juan Castro Torres, exposed and touched himself while observing female customers. Police contacted Torres as he left the store, but he fought with the officers and broke free, running back into the store. Police pursued Torres up and down the aisles until he was shot with a stun gun and taken into custody. Torres has been charged with aggravated assault and resisting arrest. 692

A Mississippi school district has apologized and a high school band director has been suspended after the band staged a halftime skit that depicted police being held at gunpoint.The controversial skit came as the Forest Hill High School band from Jackson performed Friday during a football game against Brookhaven High School to the south. It shocked many at the game in Brookhaven, where just six days earlier two police officers were killed in a shootout with a suspect."I was sad because of what happened last weekend, and it felt like they were making fun of it," Sarah McDonald, a Brookhaven High School student, told CNN affiliate WJTV. 650

A photo of a toddler awestruck by the recently-unveiled portrait of former first lady Michelle Obama went viral this week.It was snapped at the National Portrait Gallery by a visitor from North Carolina, who posted it on his Facebook page.It shows 2-year-old Parker Curry staring at the towering portrait of Michelle Obama that was painted by Amy Sherald?and unveiled last month.Parker's mother said the little girl was so amazed, she wouldn't even turn around for a picture.Mom also says that Parker believes the former first lady is a queen, and Parker wants to be a queen as well.Courtesy of CNN Newsource 616

A Nashville family celebrated a World War II veteran's 99th birthday this Memorial Day weekend with cake and a lot of war stories.Joe B. Davis fought three years with the 1st Infantry Division from November 1942 to November 1945. He was stationed in Algeria, Tunisia, and Sicily."I was in Infantry, you see, they had it pretty rough. Good ole Infantry. I would've been in D-Day if I hadn't gotten wounded in Sicily," he said.On Sunday, Davis spent the afternoon with his family made up of five generations.Every year, his family listens to his war stories and sings happy birthday to him. His birthday is more special as it falls before Memorial Day."We try to celebrate his birthday the best we can every year, just not because he's our grandfather, but also because tomorrow is a very special day being Memorial Day. So we celebrate everybody," granddaughter Christine Gallegos said.Gallegos and her family said Davis' memories about surviving war and his stories he tells them are something they cherish."To be able to still talk to us and still tell memories because a lot of people do not have the mindset like he has at 99 years old. He makes sure that he still calls me. When I leave work and come home from work," she said.Gallegos said her grandfather worked years at the U.S. Postal Service and still remembers zip codes and street names around Davidson County. 1399