Recessions are milder and less frequent, while recoveries are weaker. The business cycle has not been eliminated, but perhaps it has been tamed.
How demographic change will affect savings, growth and interest rates
The path of the U.S. dollar: Looking forward by looking back
Technology, productivity and the labor force
JP Morgan's 2019 Long-Term Capital Market Assumptions
The cost of capital in China's changing markets
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 Assumptions
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 stable to improving alpha outlook offsets the beta drag