Regardless of whether oil hits $150 a barrel, J.P. Morgan's Marko Kolanovic predicts stocks will recover 2022 highs

Marko Kolanovic is the chief global markets strategist and co-head of global research of  J.P.Morgan

Kolanovic trusts the U.S. economy is sufficiently able to deal with oil costs as high as $150 a barrel.

There could be a few possible further spikes in oil, particularly given the circumstance in Europe and the conflict. said Kolanovic

The bullish move came as Shanghai resumed from a multi month Covid-19 lockdown, opening the entryway for more popularity and more potential gain.

JPMorgan Chase Chairman and CEO Jamie Dimon told financial backers he's planning for a financial "hurricane"

We do forecast some slow down. We don’t think investors will stick in cash for the next 12 months, you know, waiting for this recession

Kolanovic’s top call remains energy. He’s also bullish on small caps and high-beta technology stocks.

“Actually, valuations went lower despite the stock price appreciation. Earnings grow faster, so multiples are actually lower now in energy than they were a year ago”. - Kolanovic