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JP Morgan’s Kolanovic doesn't like stocks for H2 2023: "risk-reward remains unattractive"

JP Morgan’s Kolanovic doesn't like stocks for H2 2023:
JP Morgan’s Kolanovic says the second half of this year presents a 'challenging backdrop' for equities:“We expect a more challenging backdrop for stocks in H2 and believe risk-reward remains unattractive"Citing:given the decelerating economy and a likely recession starting in 4Q23/1Q24softening consumer trendsthe significant re-rating of stocks so far this yearThat last point he is referring to the move higher so far in 2023. Kolanovic expects moderating growth in the second half, with stubbornl... Read More
Posted: Jun 27 2023, 23:20
Author Name: forexlive
Views: 081073

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