According to JPMorgan chief strategist Mark Kolanovich, the market could witness a #S&P500 drop of 20% due to high interest rates and acute cash shortages among the US population. He emphasizes that large technology companies such as #Apple , #Amazon , Alphabet, #NVIDIA , #Tesla and Microsoft are the most vulnerable in this situation. Still, Kolanovic recommends buying money market instruments and short-term government bonds as a hedging strategy in the current market climate. We will follow the development of this situation.