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JPMorgan’s Kolanovic still expects US equities to weaken for the remainder of the year
An ICYMI from JPMorgan equity stategist Marko Kolanovic.reiterated in a note on Monday that equities are set to weaken for the remainder of the yearsays the full impact of Federal Reserve interest-rate hike will catch up to the economysome factors supporting growth — such as strong corporate margins — will wane“What equity and more broadly risk markets refuse to acknowledge is that if rate cuts happen this year, it will either be because of the onset of a recession or a significant crisis in fin...
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Posted: May 9 2023, 00:55
Author Name: forexlive
Views: 110891