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.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
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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🙄
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