{"id":86101,"date":"2023-10-06T02:24:40","date_gmt":"2023-10-06T06:24:40","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86101"},"modified":"2023-10-06T02:18:55","modified_gmt":"2023-10-06T06:18:55","slug":"jpmorgans-marko-kolanovic-braces-for-20-market-plunge-delivers-recession-warning","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2023\/jpmorgans-marko-kolanovic-braces-for-20-market-plunge-delivers-recession-warning.html","title":{"rendered":"JPMorgan\u2019s Marko Kolanovic braces for 20% market plunge, delivers recession warning"},"content":{"rendered":"\n<p>(CNBC) JPMorgan\u2019s Marko Kolanovic is bracing for a 20% sell-off to hit the S&amp;P 500. According to the Institutional Investor hall-of-famer, high interest rates are creating a breaking point for stocks \u2014 and choosing cash at a 5.5% return in money market and short-term Treasurys is a key protection strategy right now. \u201cI\u2019m not sure how we\u2019re going to avoid it [recession] if we stay at this level of interest rates.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/10\/05\/jpmorgans-kolanovic-warning-20percent-stock-market-plunge-ahead-recession.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) JPMorgan\u2019s Marko Kolanovic is bracing for a 20% sell-off to hit the S&amp;P 500. According to the Institutional Investor hall-of-famer, high interest rates are creating a breaking point for stocks \u2014 and choosing cash at a 5.5% return in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86101","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86101"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86101\/revisions"}],"predecessor-version":[{"id":86102,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86101\/revisions\/86102"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}