JPMorgan's Kolanovic Says Stocks Will Rise on Pandemic End, China Stimulus
- JPMorgan strategist sees some ‘good and cheap’ equities now
- Market fragility is likely to ebb in coming months, he says
This article is for subscribers only.
There are two things that give Marko Kolanovic confidence in his bullish stocks call for 2022, even after a difficult start to the year for financial markets, with rising inflation and Russia-Ukraine tensions.
The co-head of global research at JPMorgan Chase & Co. has been asserting for some time that investors should buy dips in stocks -- but now he sees the acute pandemic phase of Covid nearing an end and better times ahead from China, which he expects to offset Federal Reserve tightening. And he sees scope for significant rotation within equities as these changes take place.