Market rally 'has got legs,' could go 5-10% higher: Strategist

) briefly crossed 40,000 this week. Global Market Strategist at JPMorgan Asset Management Jack Manley joins The Morning Brief to discuss the significance of this milestone and why he believes the market only has room to grow.

Ho honestly, because, um, the macro data have been pretty good and, and you know, all these macro data that we've been talking about CP IP P IP employment from a couple of weeks ago, all this stuff matters because of what it means for rates. Markets are forward looking and for a market that might be looking 6 to 9 months out, even when you're thinking about a portfolio pivot, what is the flashing sign that investors should be looking for in order to make sure that they're not continuing to enact the higher for longer playbook?

I feel like there's a big temptation right now with, with conversations to sort of pigeonhole yourself and say, well, is this a growth market?You cannot limit yourself to a style box or, or, you know, one way or the other.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Strategist talks bond market appeal ahead of Treasury auctionThe US Department of the Treasury is holding a record-breaking auction this week, with $125 billion worth of Treasury notes and bonds up for grabs. To...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Gold market analysis for May 10 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Fuente: KitcoNewsNOW - 🏆 13. / 78 Leer más »

Barclays strategist answers fund managers’ top five market questionsDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Fuente: globebusiness - 🏆 31. / 66 Leer más »