Stock market bottom reached, investors should re-enter, JPMorgan says - Business Insider

Photo taken on March 24, 2020 shows the New York Stock Exchange and George Washington statue on the Wall Street in New York, the United States.Criteria including massive fiscal stimulus, recession-level pricing, and a reversal in asset allocation have all been met, the bank said, justifying "adding risk selectively" over the coming weeks.

Volatility will remain higher-than-average in the near term, but "enough has changed fundamentally and technically to justify adding risk selectively," the team led by John Normand wrote in a note to clients. Despite heightened risks, investors should begin re-entering oversold markets to best prepare for price recoveries, JPMorgan said. Past recessions show valuations bottoming before the downturn ends. Markets where central banks are buying assets directly, such as Treasuries or corporate credit, are particularly appealing, the firm added.

"The missing criteria is a convincing deceleration in COVID daily infection rates, which have slowed to roughly 25% in the US and 17% in Europe," the strategists wrote. "But rates remain too high to say with confidence that social distancing and lockdown can be fully lifted in May such that activity can begin normalizing in early summer."

hblodget No, it hasn’t.

Ostrich version of market understanding. Is the Covid-19 impact fully priced in ? Wait for a couple of more weeks to learn the reality.

hblodget Are you kidding me? This virus is just starting!!!

hblodget Pull the other one.

hblodget Hide your wallets

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock market crash: Financial crisis shows coronavirus drop may worsen - Business InsiderStocks are trading like they did early in the financial crisis — and it's proof to one Wall Street equity chief that the coronavirus crash will worsen Stock movements can't and don't predict the virus, they react to it. early.....short short short the shit Here is an informative video we made about the impact the virus had on stocks:
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Stock picks to buy: 11 companies that will outperform after bear market - Business InsiderEven if the worst of the coronavirus meltdown isn't over, history says these companies are likely to be winners after the oncoming recession.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Justice Department investigates lawmakers who dumped stock: CNN - Business InsiderThe Justice Department is reportedly investigating actions by US lawmakers who dumped stocks before the market plunged over coronavirus fears Yes long awaited let's see how this unfold if justice will be served by the SEC Hmm, really wonder what Bill Barr will decide. I’m guessing he’ll say “nothing to see here” Really? How will u find them? Quilty or innocent? If it was a common person you’d throw them under the fed prison.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

5 things to know before the stock market opens MondayU.S. stock futures point to a drop for the Dow at Monday's open after President Trump extended social-distancing guidelines. Bye 50% x 30000 Here we go🙄
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »