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The stock market declining on the horizon with the continued many problems of America, the previous JPMORGAN strategy warns

Marco Kulanovich, chief strategic expert in the former market in JPMorgan, offers his view of the US Securities Market in his first interview since he left a trillion dollars.

In an interview with CNBC, Kolaovic He says The correction can be contained in the American stock market amid momentum loss by stocks such as Tesla and Palantir Technologies.

The analyst also warns that the shares are trading near the high levels, but America is still staring at the same issues that led to the correction of the stock market earlier this year.

“Who – which [loss of momentum] It can be an incentive for some correction because it is near its highest level ever, but we still have all the problems. We have a commercial war, and we had a kind of signs of economic slowdown, and doing a return to altitudes. This is a kind of what I expect somewhat – a little decline here. “

Kolaovic believes that a possible withdrawal can eventually reward investors, provided that an economic shrinkage in the United States does not increase significantly.

“There are some cheap aspects of American markets as well, and you may wait for the sale of a variety of garden that can be 5 %, 10 %.

And if we do not have a possibility of stagnation, this is an opportunity to buy. But I will remain open that there may be a possibility of an increase in recession at this stage and perhaps even 5 % is not a purchase in it [point]”

https://www.youtube.com/watch?

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