Kolanovic Sticks With It: Markets ‘Vulnerable To An Accident’

Marko Kolanovic's sticking with it, where "it" means a cautious approach to frothy markets. In a Monday note, JPMorgan analysts led by Kolanovic reiterated that risk assets appear "priced to perfection," where that means equities "reflect little risk" to earnings growth, profitability or the macro environment. The bank's latest remarks come on the heels of a high-profile piece from Kolanovic himself who on February 21 warned that the risk of a 1970s stagflation rerun is higher than a majority