JPMorgan’s Kolanovic Says Add Risk Assets on ‘Peak Hawkishness’
- Calls credit ‘most attractive way’ to fade latest riskoff move
- Analyst says recession fears unjustified, sees market upside
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Marko Kolanovic’s repeated dip-buying calls are failing to play out so far this year, but he’s sticking to his bullish stance on risk and urging investors to increase holdings in beaten-up corporate bonds.
The top-ranked strategist at JPMorgan Chase & Co. told clients to reduce their exposure to cash and government debt, shifting the money to credit.