Marko Kolanovic: JPMorgan Chase's Bullish Strategist
From Stock-Averse to Optimistic
JP Morgan's Chief Market Strategist Issues a Surprising Outlook
In a surprising turn of events, Marko Kolanovic, the stock-averse chief market strategist at JPMorgan Chase & Co., has issued a bullish outlook for U.S. stocks. This marks a significant departure from his previous cautious stance, making him an outlier among Wall Street's top strategists.
Kolanovic's optimism is based on his belief that the Federal Reserve's aggressive interest rate hikes are nearing an end, which will provide a boost to the stock market. He also points to strong corporate earnings and a resilient consumer.
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