Chart of JPM's long-term capital market return assumptions. Deleveraging will depress growth while risk assets should offer decent returns
Executive summary of JPM's long-term capital market return assumptions for 2013
It was another rollercoaster ride for equity markets but this time ending on a high note, with the S&P 500 Index delivering a thrilling 13.6% return in the first quarter, the best start to a year since 1998.
A brief note on the latest price action in equity markets, how business cycles end, and how markets are being left to fend for themselves without central bank intervention for the first time in 20 years.
The current U.S. earnings growth downcycle has been largely consistent with the recent deterioration in macroeconomic momentum.
LTCMA 2017 Matrix - SK
LTCMA 2017 Matrix - KRW
LTCMA 2017 Matrix - EUR
LTCMA 2017 Matrix - USD
LTCMA 2017 Matrix - GBP