As the S&P 500 (^GSPC) is blindsided by a sell-off this week, JPMorgan analyst Marko Kolanovic — known as "Dr. Market" — is one of the bears standing firm at his 4,200 point target. Yahoo Finance Reporter Josh Schafer breaks down Kolanovic's market call and how JPMorgan is accounting for credit card and loan delinquencies amid higher interest rates held by the Fed. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?