JPMorgan's Marko Kolanovic warns of a potential return to 1970s-style stagflation, raising concerns about a second wave of inflation. The US economy is at risk of stagflation, which could have significant implications for asset allocation and stock markets. Additionally, economists predict a recession in 2024, with warnings of a potential 26% to 40% market decline due to dwindling savings rates and a bursting stock bubble.
A recession in 2024 would burst the biggest stock bubble since the dot-com craze, sending the market down 40%, veteran strategist says: https://t.co/5XqAXAqNTz @jennifer_sor $SPY $QQQ https://t.co/WDcKHhu5HE
A recession in 2024 would burst the biggest stock bubble since the dot-com craze, sending the market down 40%, veteran strategist says https://t.co/mwzJFwvoQp
A recession is likely to hit the US economy in 2024, per the economist David Rosenberg, per BI. https://t.co/5Y6ezbHi9Y
Recession is coming and it could send stocks plummeting 26% as dwindling savings rates spark a 'vicious cycle' in the economy, strategist says https://t.co/x4fae3GtbN
JPMORGAN (Kolanovic): "Going back to the question of market macro regime, we believe that there is a risk of the narrative turning back from goldilocks towards something like 1970s stagflation, with significant implications for asset allocation."
Stock investors should still brace for ‘70s-style ‘stagflation’: JPM strategists https://t.co/sQANJig86B
The US is heading towards stagflation, which would be terrible news for stocks, JPMorgan says https://t.co/ey4fNNx06D
Stock-market investors should still brace for ‘70s-style ‘stagflation’, warn strategists https://t.co/sBDXFUH54i
JPMorgan’s Marko Kolanovic, who drew attention for his gloomy stock-market calls through last year’s rally, is raising a risk that’s mostly gone out of vogue on Wall Street: a return of 1970s-style stagflation https://t.co/WdfgYfW18F
$JPM party pooper The stock market’s strong start to 2024 could be short lived as the door for inflation to come back remains wide open, according to JPMorgan’s Marko Kolanovic. “We believe that there is a risk of the narrative turning back from goldilocks towards something… https://t.co/bdpDG1i7i2
JPMorgan's Kolanovic doubles down on bearish stance, says a 'second inflation wave' could take hold https://t.co/bKh1kwQYyG