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JPMorgan's chief market strategist, Marko Kolanovic, predicts a 23% plunge in the S&P 500 by year-end. Despite his bearish stance, Kolanovic is leaving the firm after 19 years, leading to varied reactions in the market.

Last look at Marko Kolanovic leaving $JPM https://t.co/Vg88qfN38R
BREAKING đ¨: Marko Kolanovic Wall Street's last remaining bear is leaving JP Morgan. Even they couldn't take the pain anymore of being wrong every single day! https://t.co/8vyDfBsKol
đ¨ Marko Kolanovic is leaving JPM! Last bear of Wall Street got booted. Rough times for Marko. Enjoy the Mcdonalds hamburger for lunch today my man. https://t.co/tzONXReBs0