Death of Momentum Trade Is Bad News for S&P 500, Kolanovic Says

  • JPMorgan analyst sees bubble in assets that led since 2009
  • A mean reversion may be good news for emerging markets

Investors Look for Direction as Stocks Swing

This year’s upheaval in financial markets is the first step in a reordering among stocks, currencies and commodities that will probably leave large-cap U.S. equities underperforming, according to Marko Kolanovic, a strategist for JPMorgan Chase & Co.

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