SINGAPORE: Strategists at JPMorgan Chase & Co have concluded that most risk assets – a universe that typically includes stocks and credit – have seen their low points for the recession that’s gripped economies around the world.
“Most risky markets have probably made their lows for this recession, except perhaps oil and some EM currencies beset by debt-sustainability issues.” Normand said his approach dovetails with the recommendations in the past week from bottom-up analysts at JPMorgan to add exposure in US and European credit, peripheral European sovereigns, and US and European inflation breakevens.
He added that the firm’s global equity strategists “believe that the risk-reward for equities remains skewed to the downside” because relief rallies will be faded.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MCO: Ayer Itam market closed to traffic from 6am Monday (March 30)GEORGE TOWN: The Ayer Itam market will be closed to traffic starting at 6am Monday (March 30), says George Town OCPD Asst Comm Soffian Santong. Finally At last. Kereta persendirian tak boleh masuk, pasar masih beroperasi. Good job easier to control the flow of people in and out of the market.
Source: staronline - 🏆 4. / 75 Read more »
Penang shuts down Sri Aman market after social distancing ignored, no hand sanitisersGEORGE TOWN: State government comes down hard on market patrons who ignored social distancing and shuts down Sri Aman market complex for three days from Saturday (March 28). What about Air Itam market? MuhyiddinYassin Dirty People🧐 They want to learn the way, be it!
Source: staronline - 🏆 4. / 75 Read more »
Penang shuts down Sri Aman market after social distancing ignored, no hand sanitisersThe Penang state government comes down hard on market patrons who ignored social distancing and shuts down Sri Aman market complex for three days from Saturday (March 28). Read more at MCO Covid19 Penang came KL OSO LIKE THIS! Degil and oso do not follow rules! Bad attitude why u no wear mask, bro? wow.. so prompt🙄
Source: staronline - 🏆 4. / 75 Read more »