JPMorgan’s Kolanovic Says It’s Time to Take Some Profits on Stocks

Bloomberg2022-04-12

Strategist softens bullishness amid share rebound, hawkish Fed‘Big rise in real yields from here seems less likely,’ he saysMarko KolanovicSource: BloombergMarko Kolanovic, a steadfast bull on U.S. ...

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Comments

  • chews
    2022-04-12
    chews
    Like
  • robot1234
    2022-04-12
    robot1234
    During yesterday trading, all 3 major indices fell. DJIA fell around 1.2%, S&P 500 around 1.7% and Nasdaq around 2.2%. The bearish mood come as investors await the release of March’s highly anticipated CPI on Tuesday. The data is expected to show an 8.4% annual increase in prices — the highest level since December 1981. The 10-year Treasury yield topped 2.79%, its highest level since January 2019. The Covid-19 pandemic, US-China conflicts and Ukraine crisis will further dampen investors' sentiment. Going forward, can expect more volatility and bearishness
  • Lord Tan
    2022-04-12
    Lord Tan
    Lost everything in this evil
  • YMF808
    2022-04-12
    YMF808
    Good advice
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