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JPMorgan’s Kolanovic still expects US equities to weaken for the remainder of the year

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... Read More
Posted: May 9 2023, 00:55
Author Name: forexlive
Views: 110891

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