- J.P. Morgan's top quant Marko Kolanovic predicts a "Great Liquidity Crisis" will hit financial markets, marked by flash crashes in stock prices and social unrest.
- The trillion-dollar shift to passive investments, computerized trading strategies and electronic trading desks will exacerbate sudden, severe stock drops, Kolanovic said.
- Central banks will be forced to make unprecedented moves, including direct purchases of equities or negative income taxes.
- Timing of when this next crisis will occur is uncertain but markets appear to be safe through the first half of 2019, he said.f
CEO, Parisian Family Office. Began Wall Street in '82. Founded investment firm, Native American Advisors, '95. White Earth Chippewa. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Drexel Burnham alum. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', the family winter camp in Los Cabos, Mexico. Always been, will always be, an optimist.
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