September and the stock market: Three experts on what to expect

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September and the stock market: Three experts on what to expect (via TradingNation)

Three experts discuss what's next."Economic indicators, obviously it's off a low base but it's the strongest three months we've seen since at least 1999. So, I think, the recession that started in February is over for all intents and purposes. What happens going forward is another story … The kind of action we're seeing is early recovery type of action."

Anastasia Amoroso, head of cross-asset thematic strategy at JPMorgan Private Bank, sees value in the financials. "I think financials is a really interesting trade at the moment because one thing that has changed for financials over the last couple of weeks is the yield curve. The yield curve has steepened out meaningfully and we actually think there's more to that trend to go for the rest of the year and we could see higher nominal yields but not really much in terms of inflation so that would be quite supportive for financials.

 

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