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"I'm So Bearish, Even I'm Miserable": One Bank's Clients Crack... Yet The Real Selling Is Only Just Starting

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by Tyler Durden
Sunday, Apr 24, 2022 - 06:00 AM

It is hardly a secret that over the past two years, JPMorgan's Marko Kolanovic, who previously provided extensive original and insightful market analysis and commentary, has become synonymous the market's permabullish, cleerleading "ying", and is why after his latest weekly appeal to JPM retail clients to buy the dip (unlike the institutional clients who get a decidedly more balanced and skeptical assessment from the bank's flow desk)...

... without prejudice, and in fact to buy both "growth and value" stocks, we said that this "should be the clearest signal that one should take chips off the table and go short." And judging by the market's Friday "trapdoor" performance, we were right.