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: