JPMorgan's Kolanovic cuts his S&P 500 forecast, but still expects a big comeback

Published Mon, Mar 21 20222:20 PM EDTUpdated Mon, Mar 21 20222:40 PM EDT

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 16, 2022.

Brendan McDermid | Reuters

JPMorgan's Marko Kolanovic, a widely followed strategist on Wall Street, cut his S&P 500