A snippet via Marko Kolanovic, JPM's chief global markets strategist:

  • Our view remains that Q1 will likely mark the high point for equities this year

Citing:

  • CRE stresses appear to be compounding, amplified by banking shocks
  • Several geopolitical crises are building
  • Bond yields whipsawed by very poor liquidity conditions

Last week from Kolanovic on an imminent Minsky Moment:

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Weekly candles:

weekly spx jp morgan 28 March 2023