- JPMorgan's Marko Kolanovic warns of increasing chances of a 'Minsky moment'.
- Term refers to a market meltdown due to investors taking on too much risk.
- Recent bank failures, market volatility and high inflation have increased the risk.
- Investors should sell into relief bounces and be defensive in portfolio allocation.
JPMorgan Sees Increasing Chances of ‘Minsky Moment’
Bank failures, market turmoil and ongoing economic uncertainty as central banks battle high inflation have increased the chances of a “Minsky moment,” according to JPMorgan Chase & Co.’s Marko Kolanovic.
Carmen Reinicke
