Kolanovic Thinks Oil Rally Ahead, Tempers Bear Market Call On CNBCMark Melin
JPMorgan’s quant guru, Marko Kolanovic, is tempering his previously bearish statements and more vocally advocating a relative value mean reversion trade between oil and the U.S. equity markets.
Kolanovic recommends a relative value trade
Speaking on CNBC’s “Fast Money” with Melissa Lee late last week, Kolanovic said the forthcoming market decline is not going to be as sharp as August, 2015 . . .
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