Why JPMorgan's Kolanovic Is Raising S&P 500 Target

The video discusses the market sell-off in early September, driven by the technology sector, and the subsequent rebalancing. It highlights the market's positive outlook with a new S&P target of 3600, noting low positioning in equity markets. The video contrasts value and momentum stocks, emphasizing value's potential as COVID declines. It concludes with the unwinding of hedges in technology stocks, suggesting the process is complete.

What was the primary driver of the market sell-off in early September?

• Technology sector

• Energy sector

• Healthcare sector

• Financial sector

What was the revised price target for the S&P 500 mentioned in the first section?

• 3400

• 3200

• 3800

• 3600

What is the equity beta of hedge fund indices as mentioned in the second section?

• 75%

• 50%

• 10%

• 25%

Which type of stocks have been lagging during the COVID-19 pandemic according to the third section?

• Momentum stocks

• Dividend stocks

• Value stocks

• Growth stocks

What is the expected trend for value stocks as the COVID-19 situation improves?

• They will continue to lag

• They will decline further

• They will take a leadership role

• They will remain stable