News Formal

Mega-cap stocks face bigger selloff risk as recession looms: JPMorgan

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Indonesia Berita Berita

Mega-cap stocks powered the 2023 market rally, but they now face a bigger selloff risk as recession looms, a JPMorgan strategist says

Mega-cap stocks have powered the equity rally of 2023, but that may not be the case for long. These market leaders now face a bigger selloff risk than other names as a recession looms, according to JPMorgan strategist Jason Hunter.

"This is typical late-cycle behavior where, as growth starts to decelerate but not move into negative territory, the money moves into the more quality names and you get more and more concentration as you go," Hunter said.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 729. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

JPMorgan CEO Jamie Dimon: Consider ban on short selling of bank stocksJPMorgan CEO Jamie Dimon wants US regulators to consider a ban on the short selling of bank stocks
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »