May

28

The last bear on Wall Street: Why JPMorgan's Marko Kolanovic is sticking by his forecast for a 20% market sell-off
• JPMorgan's Marko Kolanovic sees no reason to turn bullish on the stock market despite record highs.
• In a Monday note, Kolanovic reiterated his view that the S&P 500 could fall 20% to 4,200.
• "We do not see equities as attractive investments at the moment and we don't see a reason to change our stance," Kolanovic said.

Larry Williams responds:

Here is something from what I have been writing:

Led by “Rich Dad, Poor Dad” Robert Kiyosaki’s warning of, “Be careful, it’s the biggest crash in world history,” the bears have come out of their winter caves. “We can’t make it past 2025,” warns Patrick Bet-David. Wells-Fargo is saying it’s recession time. Mark Spitznagel, who serves as chief investment officer of Universa Investments, is predicting “Biggest market crash since 1929."

They always walk among us…if they can only last until late 2025.


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  1. David Lilienfeld on July 3, 2024 6:35 pm

    Just before July 4, 2024, it was announced that Kalonovic had separated from his employer, JP Morgan Chase.

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