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Fake and Bad News Is Depressing Market, JPM’s Kolanovic Says

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Fake and Bad News Is Depressing Market, JPM’s Kolanovic SaysIn the past three weeks, U.S. stocks have lurched between between gains and losses of at least 3 percent, volatility not seen such the global financial crisis a decade ago. “To some extent, we trace the disconnect between negative sentiment and macroeconomic reality to the reinforcing feedback loop of real and fake negative news,” the strategists wrote.