Beware a ‘Trump recession’: JPMorgan unloads on the president’s role in erasing a full year of market progress — and lays out a scenario that could save the day
|06/13/2019||Posted by BusinessMediaguide.Com under General World News||
- The past two years of stock-market trading can be easily sectioned into two phases: the tax reform bump, and the trade-war turmoil that derailed it.
- Marko Kolanovic, JPMorgan’s global head of quantitative and derivatives strategy, explains why a “Trump recession” is entirely possible.
- He also lays out a compelling bull-case scenario that could see stocks recover sharply as the economy avoids a full-blown meltdown.
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