In our view, emerging market growth, led by China, should surge in 2021 – easily eclipsing the US and European recoveries in the process. We expect this acceleration to support the case for emerging market assets.
Weekly Strategy Report is J.P. Morgan's weekly review of global markets and portfolio positioning, to help you develop your portfolio strategy.
We present a 12- to 18-month outlook for alternative assets and explore the most promising investment ideas from the CEOs, CIOs and strategists of our USD 150 billion alternatives platform. We explain why alternatives are no longer optional—but essential.
After unprecedented global stimulus stabilized economies, what’s next? Many challenges. Still, Above Trend Growth remains our base case at a reduced 60% probability. Our preferences: higher beta U.S. corporates and munis; some local emerging market debt.
The main driver of asset returns likely transitions from liquidity to growth in 2021. We maintain a pro-risk tilt, prefer cyclical equities, are neutral on U.S. large caps and in credit favor EM debt. We move duration from underweight to neutral.
The events of 2020 have altered the economic, policy and investing landscape more profoundly than any other short period of modern history. We now see the economic recovery gaining pace and expect a robust expansion into 2021.
Our Long-Term Capital Market Assumptions (LTCMA) is an annual assessment of the long-term outlook across all major asset classes and markets.
Factor performance was mixed, on balance, over the quarter with many factors following their recent trajectories. Fundamental factors generally underperformed; merger arbitrage had a strong quarter.
Discover our insights into global equity markets, including investors' views on the greatest risks and opportunities in the face of the ongoing pandemic.
The speed and magnitude of the sell-off and subsequent rally in the high yield market has been unprecedented. After the intense volatility experienced so far, we look at the main questions on the minds of high yield investors as they position for the remainder of the year.
Understanding the opportunity in Chinese equities
The first in a new series of commentary from the Global Research team highlights changing trends in consumer preferences.
After a challenging 2018, fixed income investors caught a break in 2019 with the U.S. Barclays Aggregate returning 8.7%, its best year since 2002.
Can an environmental, social and governance (ESG) overlay be used to enhance portfolio returns? Read our study and findings.
This paper, written by Ramon Maronilla, highlights the market view from the Global Fixed Income, Currency & Commodities Team regarding the recent Federal Reserve’s announcement.
Shrinking and rapidly-aging population. Low economic growth. Muted inflation. These are some of the misconceptions around real estate investment in Japan. Given such branding, investing in Japan multi-family residential assets may seem paradoxical. However, when we look beyond the headlines we see the valuable investment opportunities in the sector.
Discover the outlook and outcomes for Emerging Market Equities. See the key points and more with J.P. Morgan.
Fundamentals of emerging markets remain strong, while risks to the asset class are primarily external, not internal, and trade skirmishes amid a rebalancing and slowing Chinese economy.
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