JPMorgan's Kolanovic and Feroli predict 20% market plunge, recession warning

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Source: CNBC
JPMorgan's Kolanovic and Feroli predict 20% market plunge, recession warning
Photo: CNBC
TL;DR

JPMorgan's Chief Market Strategist, Marko Kolanovic, warns of a potential recession and predicts a 20% drop in stock prices. He discusses the Federal Reserve's stance on interest rates, the performance of mega-cap companies versus mid-sized stocks, and other market-related topics.

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