JP Morgan quant strategist – have seen a peak in new case growth of US coronavirus

Marko Kolanovic, quantitative strategist at JPMorgan:

  • We believe we’ve seen a peak in new case growth in the US 3-4 days ago
  • Deaths will peak in about a week
  • So we look for a limited reopening of the economy in 1-2 weeks

His outlook for equities is for 

  • we think we will be able to recover the losses in equities sometime next year

I posted earlier on the view from head of JPM Dimon, not so optimistic:

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