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Wednesday, 05 January 2022 20:00

JPMorgan Gets Very Bullish

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JPMorgan Chase & Co issued a statement for investors to remain bullish about global equities moving forward. They believe the largest sources of risk are hawkish central banks, slowing growth in China, and global covid restrictions, but most of these threats are already priced in. Even if they aren’t quite priced in the chances of them really materializing is minimal. They remain positive as benchmark indices remain at near all-time highs. This sentiment is shared by lots on Wallstreet, like Credit Suisse. Moreover, to best take advantage of this growth, they advise to overweight Euro stocks, financial, commodity miners, and automobile manufactures.


FINSUM: The bears haven’t stopped barking but equities remain high and P/E ratios aren’t crazy, there’s room to run. 

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