Did the bearish Mr. Kolanovic, who was forced to leave due to the peak of US stocks, come true in his market price prediction

2024/8/7 0:37 JST (some excerpts)
The S&P 500 fell by about 5% after Mr. Kolanovic left JP Morgan
The timing of leaving the company is a big topic of conversation among Wall Street professionals
While US stocks are picking up from a sharp drop that suddenly hit them, a person has become the center of conversation on Wall Street. This is Marco Kolanovic, a former JPMorgan Chase strategist who predicted market fluctuations and was forced to leave the company.
　　When Mr. Kolanovic, who was representative of the bearish group, suddenly left JP Morgan, where he worked for 19, whispers were heard within the financial industry saying “it may be a sign that the market price will reach its peak.” This is because famous bearish groups have been encouraged to retire amid market fervor for some time. Now it seems more and more confirmed that Mr. Kolanovic's point of view was correct. Wall Street is aware of that, at least, based on social media posts from traders and strategists.