SINGAPORE — JPMorgan says stocks in emerging markets may rise as much 20% in 2021 after being largely ignored by investors this year.
Besides China and India, many other emerging markets have been shunned by investors in 2020 as they largely flocked toward safety. In particular, the firm sees opportunities for stocks in Brazil, Indonesia, South Korea as well as Thailand. In terms of industries, Chang said the consumer discretionary sector as well as those related to entertainment and leisure also have room to "catch up."
Why settle for 20% when Tesla has another 200% to go?
So buy puts
A clear sell signal from JPMorgan...
to 'investors' - 'BUY! BUY! BUY! We need more bagholders! Economy is in a best place ever - on the middle of pandemic and Recession/Depression'
Yes! Pump it up! Debt doesn't matter! Negative GDP doesn't matter! 20 MILLIONS unemployed doesn't matter! Economy is in a best place ever - on the middle of pandemic and Recession/Depression.
Nope
TOP
Already big into China-just went into South Korea (and Japan). Recovery and growth numbers are very strong.
wow