How can investors assess their current portfolios through a factor lens?
The food fight between the President and the Fed Chair could result in too much easing, and the expansion of valuations beyond sustainable levels. The other food fight: leveraged loan issuers vs buyers. Issuers are winning this fight hands down due.
Bond yields remain at or near historic lows around the world, leading to a substantial increase in the value of pension plan liabilities.
J.P. Morgan 2019 LTCMA Equity Market Assumptions
LTCMA 2019 Theme: Smaller cycles in a trend: The growing stability of the global economy.
J.P. Morgan 2019 LTCMA Volatility Assumptions
LTCMA 2019 Theme: Surviving the short term to thrive in the long term. Building investor resilience in a downturn.
J.P. Morgan 2019 LTCMA Alternative Strategy Assumptions