- There’s a lot that could go wrong in the stock market that investors are not fully appreciating.
- That’s according to JPMorgan’s quant chief, Marko Kolanovic, who is worried about high interest rates.
- “We think there is now a higher likelihood of a crisis over the next six to 12 months,” he said.
The combination of high interest rates and a strong year-to-date stock market rally is putting JPMorgan’s chief global market strategist on edge.
In a Monday note, JPMorgan’s Marko Kolanovic said that a crisis is brewing in financial markets, and it could lead to a lot of pain over the next six to 12 months.
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