Kolanovic Uses "R Word" As Past Forceasts Proven Correct… Again

It was nearly one week ago that Marko Kolanovic sent a clear message: Listen up, this stock market is not done to the downside. The S&P 500 index started at 1913, the day JPMorgan’s Global Head, Derivative and Quantitative Strategies sent his message, and the stock market benchmark index closed Thursday at 1828. Now the quant master notes a shifting among systematic strategies, considers the potential for a recession using discretionary analysis and then looks to gold among a group of saviors as he considers central bank central planners role in the mess that is the 2016 market picture.

Kolanovic looks forward, considers probability paths

As...