Despite attractive valuations, emerging market equities have underperformed. Things are improving, but a headwind looms: monetary policy
JP Morgan's 2019 Long-Term Capital Market Assumptions
Michael discusses how short covering, rather than real money, has driven the fastest recovery on record following a bear market, and looks ahead at slowing earnings growth.
Dovish central banks, strong fundamentals and an improved outlook for China suggest that all stars are aligned for emerging markets. How long can the year-to-date rally continue?
For the first time in 20 years, markets will have to survive without support from central banks.
For emerging market fixed income investors, an issuing country's high inflation can lead to higher yields, compared to developed markets.
The 2018 edition of J.P. Morgan Asset Management's Long-Term Capital Market Assumptions draws on the best thinking of our experienced investment professionals worldwide.
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.
As we compiled the 2018 edition of our Long-Term Capital Market Assumptions, the world economy has enjoying its best period of synchronized growth in more than a decade.