J.P. Morgan 2019 LTCMA Equity Market Assumptions
Emerging Market Equity Views : Favorable global cycle and USD outlooks create a positive environment
While tariffs remain a concern, the key issue is the degree—which we deem moderate—of U.S. recession risk. The current global backdrop makes the U.S. dollar unlikely to strengthen. Earnings growth expectations are modest, valuations are undemanding
North America, Europe, Middle East, Africa, Central America, South America, and Asia
The current U.S. earnings growth downcycle has been largely consistent with the recent deterioration in macroeconomic momentum.
LTCMA 2019 Theme: The evolution of market structure. Managing illiquidity risk across public and private markets.
LTCMA 2019 illustration managing illiquidity risk across public and private markets.
This executive summary gives a broad overview of our 2019 Long-Term Capital Market Assumptions.
JP Morgan's 2019 Long-Term Capital Market Assumptions
J.P. Morgan 2019 LTCMA Alternative Assumptions