JPMorgan's market guru says shutdowns are working, virus may peak soon and stocks to rebound 40%

Eric Thayer | Bloomberg | Getty ImagesThe social distancing measures in place around the country are already showing signs of success by one measure, according to a top

strategist, and that could lead to the U.S. economy and stock market bouncing back faster than many expect.could be back to record levels by early next year if this early indicator is right, JPMorgan's Marko Kolanovic said in a note to clients. Kolanovic is global head of quantitative and derivatives strategy and has a wide following on Wall Street for his calls.

Pro Now THIS is fake news...

Pro 11/9 AGENTES=COVID 19

Pro

Pro If the US is lucky it will peak in the locked down states in 10 days. The other states, not so much. Good luck to those that bought JPMorgan’s book of junk equities.

Pro I was going to sign up for CNBCPro, but not I’m not so sure 😬

Pro So the lockdowns work and then what? Business as usual? This pandemic started with 1 case, ostensibly and could start again with 1 case. So, nothing will be back to normal until there is either herd immunity or a vaccine.

Pro Theyre just gonna dump on retail 👿 Stay safe 😎

Pro DC closes non-essential businesses for a month!

Pro And we I’ll b all ‘one again’.

Pro JP Morgan sells dope so I believe them🤣

Pro Same guru who 3 months ago said the economy was recession proof? Ok.

Pro JP Morgan, same “talking heads”, like Jim Cramer who told you to “keep buying”. Stocks can only go up. That was at S&P 500=3393. Sell

Pro 🤪🤪🤪🤪

Pro

Pro Did they study medicine at Trump University?

Pro Good advice from a medical expert at JP Morgan...oh wait! not

Pro Didn't know JPMorgan's guru was a public health expert, quite a surprise. Genuine question: what did he predict earlier? I'm sure he knew what was coming, such as 81 deaths in NYC in the past half day.

Pro Ya cause banks and special investors like corporations got the other trillion dollar stimulus bailout money

Pro Short short all

Pro let's start getting back to normal and let's roll!

'peek' not 'peak'.

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