J.P. Morgan downgrades PH stocks to 'underweight'

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J.P. Morgan Global Research has downgraded the Philippines to “underweight” and ranked it last in the order of preference in ASEAN in its equity investment strategy immediately after the conclusion of national and local elections.

In its ASEAN Equity Strategy released on May 9, 2022, J.P. Morgan also downgraded the Philippine real estate sector to neutral.“We recommend selling into a possible post-election hope rally in-line with the Philippines Equity Strategy team’s view,” said JPM, the global leader in financial services.

But it expects “re-opening benefits for the GDP growth trajectory to wane next year and put strong pressure on the government to deliver on capital outlay spending acceleration.” Meanwhile, inflation due to rising oil prices and reduced real income would drag private consumption, which accounts for more than 75 percent of the Philippines’ GDP.

 

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'okatokat'

Pinklawan ang JP Morgan 🥴🥴🥴

hay nku ito talaga ang mga malalaking media ang nagdadala ng gulo sa sitwasyon ng pilipinas, taga sulsul sa mga taong walang ibang iniisip kundi sariling interest..wala talaga kayung ambag na maganda sa ating bansa puro paninira lang alam nyo..

Now what 😒

Ano kaya magiging solution dito ng next president? May dapat ba tayong asahan sakaniya para hindi na dumagdag ang mga int'l investors na mag pull out sa bansa natin.

Congrats papunta pa lang ang Pinas sa pagkalubog at pagkawasak. Salamat at binoto nyo ang walang plataporma, magnanakaw, hindi nagbbyad ng buwis. Kaya eto na ang kapalit. More to come. Nageexpect p din ako ng 20/kilo ng rice. 🤞

Congrats

ilabas ang tallano gold...para pang cover

Sa gobyernong kurap, mamatay sa gutom ang lahat. Goodluck Philippines.Magsaya kayo sa pagkapanalo ng kandidato nyo. Tingnan ko in six years kung masaya prin kayo sa decision ninyo.

Misleading I think there is a new global economic crisis coming.

what conclusion are you talking about MB? Official na ba ang result ng election? Your news s_cks!

Let’s support and help those provinces, businesses and people who were for VP Leni and Kiko.

Deserve natin po ito ang mahalaga may unity tayo. We don't need them coz we have golds.

And so it Begins👎👎👎

This will start China money flooding in, crooks feeding on that money, submerging the country in debt traps and Filipinos working their asses to pay for foreign debt that never used in their favor. Anyway, matutuwa naman ang bbm supporters na nakawan tayong lahat

Foreign companies will now position itself to leave because there will be less freedom. It will all be ran by judicial killings and corruption.

And so it begins. No investor in his or her right mind will invest in a country which is about to be ruled by the same family which spat on the rule of law. Now I hope I am wrong about BBM's administration, but as of now, there is really little reason for hope.

Philippines 💔

Dasurv! Sa gobyernong kurap, titirik lahat 😂😂😂 magsimula na kayong mag-aral ng mandarin, more chinese investors to come na dw. ching chong 😂😂

expect na susunod ang iba. at ang solusyon? UNITY.

LetLeniConcede the majority of filipino has spoken, we are 31M STRONG 💪❤️💚❤️ Please respect our decision, respect our choice! STOP THE CHAOS lenirobredo

Hala JP MORGAN masabihan kayong pinklawan

tang ina nyo mga bbm supporters

Why? 😓😓😓😓BBM will prove to all of you that he can be the best president of Ph.

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