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Investors should buy the dip in US stocks, according to JPMorgan quant-guru Marko Kolanovic. He believes the market will be able to absorb the rise in interest rates, but favors value over growth stocks. "The pullback in risk assets in reaction to the Fed minutes is arguably overdone," Kolanovic said.
"Higher bond yields should not be disruptive for equities, but rather support our call for a growth to value rotation," he said, before recommending investors buy the dip in US stocks. 

 

US30 D1 01 12 2022 1908

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