Hedge Funds Struggles Continued in May

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Stocks Could Rally Even if Oil Prices Hit $150 - JPMorgan's Kolanovic

June 8, 2022 5:54 AM EDT

JPMorgan strategist Marko Kolanovic believes U.S. stocks will return to their 2022 highs even if energy prices surge up to $150 per barrel.

There could be some potential further spikes in oil, especially given... the situation in Europe and the war. So, we wouldnt be surprised, Kolanovic said. But it could be a short-lived spike and eventually, sort of,... More