One of Wall Street’s biggest bulls now sees stocks falling early next year as Fed ‘overtightens’
November 30, 2022 at 13:29 PM EST
Once one of Wall Street's most vocal bulls, JP Morgan Chase & Co. equity analyst Marko Kolanovic released a much more downbeat outlook for stocks on Wednesday, calling for equity prices to stumble early next year as the Federal Reserve's interest-rate hikes batter the U.S. economy.
