Stocks remain 'unattractive' amid interest rate worries, geopolitical risks: JPMorgan

📆 9/28/2023 12:34 PM

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The combination of multiple challenges has created an environment that 'rhymes with 2008,' JPMorgan's chief market strategist writes.

📆 9/28/2023 12:34 PM
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The combination of those headwinds has created an environment that "rhymes with 2008," per Kolanovic.

have taken longer to bleed through due to the unique positioning of the economy prior to the Fed's first interest rate hike, according to JPMorgan. A record amount of stimulus was put into the economy, flushing consumers with cash.

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