If the market catches a cold ZIP will catch a fever IMOJust one day after Morgan Stanley CIO Mike Wilson abandoned his bearish stock market call, JPMorgan's Marko Kolanovic is digging his heels in.
Kolanovic is the last mega-bank-bear on Wall Street, reiterating his view in a Monday note that the S&P 500 will fall about 20% to 4,200, levels not seen since October.
"With very high equity valuations, we do not see equities as attractive investments at the moment and we don't see a reason to change our stance," Kolanovic said.
If the market catches a cold ZIP will catch a fever IMOJust one...
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Last
$2.72 |
Change
0.020(0.74%) |
Mkt cap ! $3.551B | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.74 | $2.61 | $24.57M | 9.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14000 | $2.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.72 | 80225 | 7 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |