Investors hoping for a rate cut from the Fed need to wake up to the fact that such a move would be bearish for stocks, JPMorgan’s Marko Kolanovic says

MarketsInsider/Matthew Fox/5-9-2023

“What equity markets refuse to acknowledge is that if rate cuts happen this year, it will either be because of the onset of a recession or a significant crisis in financial markets.” – Marko Kolanovic, JP Morgan chief global markets strategist

USAGOLD note: There is always a yin and yang in economic developments