Fed's Waller, citing "good news," backs quarter-point increase at next meeting
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- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
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- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
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JPMorgan Strategist Marko Kolanovic: 'A recession is currently not priced into equity markets, in our view...'
January 23, 2023 1:55 PM ESTJPMorgan Global Market Strategist Marko Kolanovic comments "The recent weakening of economic data and anticipated decline in earnings expectations/weak FY23 guidance are pointing to markets that are likely to move lower, in our view. Recent equity inflows are likely running out of steam, while pensions overfunded status could drive an increase in their reallocation from equities to bonds this year. A recession is currently not priced into equity... More
