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Wall Street’s most bearish strategist is leaving JPMorgan. Here’s a look at his market calls.
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Financial Times - Business
Kolanovic to leave JPMorgan after series of mistimed stock market calls
Top analyst leaves US bank after bearish forecasts on S&P 500 -
CNBC - Business
One of the biggest bears in this bull market is leaving JPMorgan
Marko Kolanovic, who called the Covid-era rebound but missed the latest stock rally, is leaving the bank. -
MarketWatch - Business
Why one Wall Street strategist is done publishing year-end targets for the S&P 500
One Wall Street macro strategist has decided to abandon the practice of publishing year-end targets for the S&P 500, arguing that these forecasts no longer provide much benefit to clients. -
CNBC - Business
Wall Street firm gets it right with Best Buy call, plus Eli Lilly shares move up
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. -
The Wall Street Journal - World
Wall Street Bids Adieu to Its Biggest Bear
JPMorgan’s Marko Kolanovic had a knack for making aggressive calls, but now the analyst is out after missing a roaring bull market. -
NBC News - Top stories
Why this Wall Street trailblazer believes furniture can unite America
When Lulu C. Wang immigrated to the U.S. from Shanghai with her family in 1948, she knew only one word of English. -
The Guardian - World
Governors admit worries but rally behind Biden after meeting: ‘We have his back’
President meets with Democratic governors for ‘candid’ talks as he seeks to reassure his party and the public. A group of leading Democratic governors offered words of support for Joe Biden on Wednesday as pressure mounted on the president to ...Joe Biden -
CBS News - Top stories
Hurricane Beryl leaves most of Jamaica without power
Hurricane Beryl, now a Category 3 storm, is headed toward the Yucatan Peninsula after sweeping through Jamaica. More than half of the island is without electricity, according to the U.S. embassy. CBS News San Francisco meteorologist Jessica Burch ... -
The Hill - Politics
Trump opens up lead on Biden after debate: Wall Street Journal poll
Former President Trump expanded his lead over President Biden to 6 points in a new poll of the presidential race from The Wall Street Journal published Wednesday amid the ongoing fallout from their debate last week. Trump garnered 48 percent ...Joe Biden
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MarketWatch - Business
JPMorgan Chase, Citi and Wells Fargo earnings to follow relative strength in their stocks
U.S.’s largest banks draw investor support as havens from sector headwinds from commercial real estate woes. -
MarketWatch - Business
U.S. presidential election highlights biggest risk to a bond-market rally in the second half
Of all the wild cards in the months ahead for the $27 trillion Treasury market, an increasing U.S. government deficit is regarded as perhaps the greatest long-term risk facing the market right now because of its potential to translate into higher ... -
MarketWatch - Business
‘Any technology stock with an AI story is rising too far and too fast,’ this veteran trader warns
The market is in a huge tech-led bubble — but you’d be wrong to bet against it. -
MarketWatch - Business
Why this fund manager trimmed his Nvidia position — and has a warning about AI
Ken Laudan of Buffalo Funds has changed his opinion about how long it will take for “AI adopters” to make the technology useful. -
MarketWatch - Business
Tesla’s stock is on a huge run. Here’s why one bear isn’t buying the ‘euphoria.’
Guggenheim is concerned that Tesla price cuts “pulled forward” demand, which could create challenges for the future.