JPMorgan’s Kolanovic Trims Risk as He Turns More Wary on Economy
- Strategist cites rising risks from central banks, geopolitics
- Kolanovic has been Wall Street’s most vocal bull this year
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JPMorgan Chase & Co.’s Marko Kolanovic is trimming risk allocations in the bank’s model portfolio as he grows more cautious about economic and market recoveries.
Kolanovic, who has been Wall Street’s most vocal bull this year, cut the size of his equity overweight and bond underweight allocations, citing increasing risks from central bank policies and geopolitics.