Finance
Next stock market crash: JPMorgan blueprint, social conflict warning
Reuters / Scott Olson
-
JPMorgan’s global head of quantitative and derivatives
strategy, Marko Kolanovic, lays out his template for the next
big market crash. -
Kolanovic attributes the dangerous conditions currently
facing markets to seven key developments since the 2008
financial crisis. -
He even goes as far as to make a dire prediction about
how a negative market event will affect social
harmony.
An idealistic follower of financial markets might tell you that
we learned our lesson following the crisis that rocked the globe a
decade ago.
Banking regulations were ramped up to prevent the type of risky
behavior that doomed markets, and investors have repeatedly been
warned to check their euphoria this time around.
But a new report from JPMorgan suggests that — despite our
best efforts — we’re hurtling towards a similarly painful
reckoning.
And once again, a familiar foe is working against harmonious
market conditions: a lack of liquidity. …
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