JPMorgan strategist makes bold market call
JPMorgan’s Marko Kolanovic has a bold call for the markets, post-coronavirus. With CNBC’s Brian Sullivan and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.
JPMorgan strategist Marko Kolanovic said Wednesday on “Fast Money” that he thinks the next few weeks will see a limited re-opening of the United States economy and another move higher for stocks.
Kolanovic said in late March that some alternative data pointed to a faster peak for coronavirus cases and a rebound in stocks, and since then the market has erased a big chunk of its losses as some of the hardest-hit areas from the virus, such as New York, start to show encouraging signs of progress.
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