From CNBC: 2024-07-03 10:25:02

JPMorgan’s top strategist Marko Kolanovic, known for predicting stock market rebounds, is leaving after consistently bearish calls. Hussein Malik and Dubravko Lakos-Bujas will take over. JPMorgan’s S&P 500 year-end prediction of 4,200 is lowest among major firms. S&P 500 closed above 5,500 on Tuesday, up more than 15% this year.

Read more: One of the biggest bears in this bull market is leaving JPMorgan