- J.P. Morgan's top quant Marko Kolanovic predicts a "Great Liquidity Crisis" will hit financial markets, marked by flash crashes in stock prices and social unrest.
- The trillion-dollar shift to passive investments, computerized trading strategies and electronic trading desks will exacerbate sudden, severe stock drops, Kolanovic said.
- Central banks will be forced to make unprecedented moves, including direct purchases of equities or negative income taxes.
- Timing of when this next crisis will occur is uncertain but markets appear to be safe through the first half of 2019, he said.f
Retired CEO of CHIPPEWA PARTNERS, Native American Advisors, Inc., now managing the Parisian Family Office. A White Earth Chippewa, raised conservative, growing up in the poorest county in the U.S. on the Pine Ridge Indian Reservation, he began a Wall Street career in 1982. Always been, will always be, an optimist. In a world on a dopamine binge, this is his take on life from Ghost Ranch in MT, Pamelot, his TN farm or their home in San Jose del Cabo, Mexico.
Tuesday, September 04, 2018
From the worlds largest gambling operation, J.P. Morgan bank.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment