JP Morgan says Asian stocks will struggle to move much higher from here

Stock markets in Asia have already given investors most of the returns they can get this year — and shares prices in the region may struggle to grow much more for the rest of 2019, J.P. Morgan said on Tuesday.

"I think most of the gains for this year in Chinese as well as Asian equity markets are already behind us. From here, it's going to be more of a difficult slog. We still see gains but it's going to be a much more volatile process," he added. Das' assessment on Asian markets contrasted with a number of other strategists who said that Chinese stocks, in particular, could climb higher given signs of economic recovery. Stefan Hofer, chief investment strategist of LGT Bank, is bullish about Chinese equities and told CNBC they could potentially rise by as much as 15 percent more.

He added that a potential deescalation in trade tensions between China and the U.S., and early signs of a turnaround in the Chinese economy, mean investors may still want to stay invested in stock markets there.

As long as they stay where they are, we are happy already

So what we're saying is that JP Morgan has shorted the Asian markets and is now marketing their strategy to lock in those sweet gains. Ummhmm. stocks markets investing

hahahahah scaring retail away from some OTC available gems. classic JP Morgan. Dumb motherfuckers who let these bashers manage their money will enjoy buying my $xiacf bags after they pump x3

Россия Последние новости, Россия Последние новости

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