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Stock market makes gains to close out the week after Fed interest rate hike

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J.P. Morgan Thinks These 2 Tech Stocks Could More Than Double From Here

Warnings of a recession have been prevalent for a while now, and while J.P. Morgan’s global markets strategist Marko Kolanovic thinks one could well be on the way, he believes the market is already reflecting that possibility. “While recession odds are increasing,” Kolanovic said, “a mild recession appears already priced in based on the YTD underperformance of Cyclical vs. Defensive equity sectors, the depth of negative earnings revisions that already matches past recession moves, and the shift