Over My Shoulder

Marko Kolanovic: “Decimated Volatility and Tax Upside, Anniversary of the 1968-2008-2018 Crises”

By John Mauldin

October 24, 2017

This is from JPMorgan's Marko Kolanovic. Go to page 2 and read the next two to three pages. Note that the last three or four pages of this are all disclaimers. Dear gods.
 
This is very on-target analysis of where the risk is for the next market crisis – so maybe I'm sending it to you because I agree with him. The risk is illiquidity in the credit markets. Which will filter into everything else…

Download - Marko_Kolanovich_Liq_Crisis.pdf

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