JPM: “Investors Are Starting To Hedge Against A Crash”

It’s probably not a coincidence that in the same week in which one of the most level-headed investors of all, Oaktree’s Howard Marks issued an alarm on the current state of the market, that JPM has come out with not one (as discussed previously, Marko Kolanovic’s latest “tipping point” note last Thursday was blamed for the small and sharp selloff at the end of last week), but two reports in which JPMorgan makes it clear that not only is the market on the edge, but increasingly more traders, both institutional and equity, are getting ready for what comes next.
First, as another reminder, these are the 4 bullet points with which Marks summarized the current investing environment:

This post was published at Zero Hedge on Jul 30, 2017.