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236395, Stock Market Rebound Not Far Off as ‘Fears Overblown,’ JPMorgan Strategists Say
Eingetragen von Warren Buffett, 03.5.22 10:58
Der Perma-Bull Kolanovic:

Stock Market Rebound Not Far Off as ‘Fears Overblown,’ JPMorgan Strategists Say
Strategist says sentiment is reaching ‘extreme weakness’
China easing, 1Q earnings could pave the way for a bounce

The negativity in the U.S. stock market has become so overwhelming that a rebound may not be far off, JPMorgan Chase & Co.’s strategists say.

In a note to clients, analysts led by Marko Kolanovic pointed to the closely watched American Association of Individual Investors survey hitting the most bearish mark since early March 2009. That month marked the S&P 500 Index’s bottom from the global financial crisis.

https://www.bloomberg.com/news/articles/2022-05-02/jpmorgan-s-kolanovic-sees-rebound-as-bearish-fears-overblown
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