The market’s roller coaster week has some investor spooked, wondering if the recent bullish streak will hold. They can take heart from JPMorgan strategist Marko Kolanovic, who believes that the bull spirit isn’t gone, and that the S&P 500 will break out of the 250-point range it has been stuck in since early June. He doesn’t say that the massive gains of April and May will return, but Kolanovic does believe that the index will regain the all-time record levels it saw in mid-February.Kolanovic notes that equities are cheap for now, when compared to bonds, after the effects of the …read more
Source:: Yahoo Finance
