Tag: ‘outright
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‘Outright detrimental’ on stocks: JPMorgan’s Marko Kolanovic braces for correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. As a change, the Institutional Investor hall-of-famer is bracing for a 10% or extra correction in the first half of of this one year, telling investors he’s “outright detrimental” on the market. “Fundamentals are deteriorating. And, the market has been shifting up. So, that has…