JPMorgan’s Global Head of Derivatives and Quantitative Strategies examines the recent stock market sell-off, noting potential causation for the jump in stock prices that began yesterday afternoon, all while offering a mean reversion value investment that will likely play out over the next several years. This trade has potential to become the most important relative value trade of the decade as it is tracking key measures of world economic value. In report sent to investors Thursday, Marko Kolanovic looks at the stock market turmoil and doesn’t pour over the lack of earnings growth potential. What he sees is a relative divergence…
JPMorgan's Kolanovic Identifies Important Mean Reversion Trade, Sides With Dalio on QE
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.