Man who moves markets makes bullish call amid coronavirus chaos
JPM's Marko Kolanovic sees stocks returning to all-time highs as early as the first half of next year. With CNBC's Brian Sullivan and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.
JPMorgan strategist Marko Kolanovic said Wednesday on “Fast Money” that he thinks the next few weeks will see a limited re-opening of the United States economy and another move higher for stocks.
Kolanovic said in late March that some alternative data pointed to a faster peak for coronavirus cases and a rebound in stocks, and since then the market has erased a big chunk of its losses as some of the hardest-hit areas from the virus, such as New York, start to show encouraging signs of progress.
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Видео Man who moves markets makes bullish call amid coronavirus chaos канала CNBC Television
JPMorgan strategist Marko Kolanovic said Wednesday on “Fast Money” that he thinks the next few weeks will see a limited re-opening of the United States economy and another move higher for stocks.
Kolanovic said in late March that some alternative data pointed to a faster peak for coronavirus cases and a rebound in stocks, and since then the market has erased a big chunk of its losses as some of the hardest-hit areas from the virus, such as New York, start to show encouraging signs of progress.
For more coronavirus live updates:
https://www.cnbc.com/2020/04/15/coronavirus-live-updates.html
For access to live and exclusive video from CNBC subscribe to CNBC PRO:
https://cnb.cx/2JdMwO7
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
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Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
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Видео Man who moves markets makes bullish call amid coronavirus chaos канала CNBC Television
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