FAP, May 16 / PRNewswire-FirstCall-Asianet /-- JPMorgan strategist Marko Kolanovic warned in a note to clients that the risk of a recession has curbed the outlook for U.S. stocks to rise this year, and that the U.S. debt ceiling standoff may be another disadvantageous factor leading to stock market weakness. The chief equity strategist at JPMorgan reiterated his view of keeping U.S. stocks underpriced as stock market pricing continues to reflect a soft landing and is out of touch with the bond market. Kolanovic wrote that the lack of progress in the US debt ceiling talks is another reason to avoid US stocks because "if the debt ceiling issue lasts until the last minute, there may be a sell-off".