JPMorgan's Kolanovic warns of possible 'Minsky moment' ahead

Add up the recent bank failures, geopolitical shocks and uncertainty about central bank policy and you get the potential for a Minsky moment in markets, according to JPMorgan Chase. Marko Kolanovic, the firm’s chief market strategist and co-head of global research, warned that the current conditions of unsustainable speculation and easy policy are ripe for a market collapse. The possibility of a M…