Police have stopped a U-Haul truck and detained the driver after reports that the vehicle struck multiple pedestrians in New York City - AP

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Go back to Police have stopped a U-Haul truck and detained the driver after reports that the vehicle struck multiple pedestrians in New York City - AP

Marko of JPMorgan Sees 2018 Volmageddon Potentially Repeating

February 15, 2023 3:51 PM EST

Marko of JPMorgan Sees 2018 Volmageddon Potentially Repeating.

Analyst Marko Kolanovic comments "At the end of 2021, we highlighted geopolitical risk as the key risk for 2022. This significantly impacted all asset classes last year (e.g., FX, commodity, China, etc.). For instance, the energy crisis was significantly aggravated by the onset of war in Europe, and last October China stocks bottomed on extreme geopolitical pessimism (we continue to favor commodities, and we highlighted China as a buying opportunity in late October here). However, over the last three months, complacency set in with investors when it comes to geopolitical risks.... More

Citi sees 'fading bullish momentum' in equity markets

February 14, 2023 8:01 AM EST

In a note to clients Tuesday, Citi analyst Chris Montagu said the bullish momentum in equity markets is fading.

Over the past week, the analyst states that there was a limited direction to investor flows, with a mixture of bullish and bearish daily flows "largely netted out in the end."

"Markets split into bullish... More