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.
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?
Time-tested projections for resilient portfolios
An overview of our 2018 assumptions illustrated in an easy to read infographic.
The impact of technology on long-term potential economic growth illustrated in an easy to read infographic.
Mostly stable, mostly moderate
Cyclically lower, structurally unchanged
2011 estimates and the thinking behind the numbers. Executive summary
Chart of JPM's long-term capital market return assumptions. Deleveraging will depress growth while risk assets should offer decent returns
Expected returns and correlations of asset classes.