JPMorgan’s Kolanovic says thinks could see more downward pressure on equities

A quickie video interview with JP Morgan’s Kolanovic following the down day for US equities:

Kolanovic (paraphrased):

• as yields rise multiples tend to go down., you will have moves out of equities into bonds
• even if bond yields pull back there is still a very big gap in what equities are pricing

(ps if the embed is not working, link here for 2 minute video)