S&P 500 ends higher after strong retail sales data

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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