Kolanovic Says Owning S&P 500 Is Marrying Yourself to MomentumBy
Says best bet is owning risky value stocks and hedging assets
Risk of bear market placed at over 50%, according to Kolanovic
Going long the benchmark gauge for American equities is risky and leaves investors vulnerable to reversals in momentum stocks, Internet companies and a handful of megacaps whose fate is intertwined with the dollar.
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