Marko Kolanovic Delivers 2020 Outlook, Sees Higher Stocks, Better Macro
JPMorgan's Marko Kolanovic does not believe that the various bouts of geopolitical and market turmoil and the accompanying slowdown in global growth (concentrated in manufacturing) marks the end of the cycle.
In his year-ahead outlook, Kolanovic describes the last 18 months as "a reset similar to crises that occurred every 3 years after 2008". He cites 2011/2012 (i.e., the European debt crisis), 2015/2016 (i.e., the mini-industrial recession that accompanied EM turmoil, the yuan devaluation and
