JPMorgan’s Kolanovic Warns on Pricing Power, Lifts Energy Stocks
Retreating inflation could force companies to relinquish some of the pricing power they’ve wielded recently, a headwind likely to weigh on equities in the final months of 2023, according to JPMorgan Chase & Co.’s Marko Kolanovic. The bank’s chief markets strategist cautioned Monday in a note to clients that retailers, automakers and airlines are among … Read more