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JPMorgan’s Kolanovic Says Market Bubble Corrections Almost Over

  • Strategist advises buying tech, biotech and emerging markets
  • ‘Geopolitical risk will likely start abating in a few weeks’
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The rout in tech, biotechnology and emerging-markets stocks may be nearly over, and it’s time for investors to start adding to beaten-down, high-beta positions, according to JPMorgan Chase & Co. strategist Marko Kolanovic.

“While the commodity supercycle will persist,” the strategist said, “the correction in bubble sectors is now likely finished, and geopolitical risk will likely start abating in a few weeks’ time (while a comprehensive resolution may take a few months).”