JP Morgan on warning signs for stocks as disinflation process stalls, and risks rise ...Middle East

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JP Morgan on warning signs for stocks as disinflation process stalls, and risks rise
In a note, JP Morgan equity strategist Marko Kolanovic has once again weighed in on the negatives for stocks:the disinflation thesis is likely to be challenged during 1H24 as the disinflation process stallsequities appear overbought given low implied cash allocations and low short interestrisks are rising for geopolitics to drive both a risk-off shift and a boost to inflation via increased shipping costsKolanovic has been bearish for quite some time indeed. This article was written by Eamonn Sheridan at www.forexlive.com.

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