JP Morgan Asset Management 2019 Long-Term Capital Market Assumptions
As we compiled the 2018 edition of our Long-Term Capital Market Assumptions, the world economy has enjoying its best period of synchronized growth in more than a decade.
A broad overview of our 2019 assumptions
LTCMA 2019 Theme: Surviving the short term to thrive in the long term. Building investor resilience in a downturn.
New technology could boost productivity and, in turn, economic growth, but relatively full equity valuations and low bond yields pose cyclical challenges.
As China proceeds along its path of financial system liberalization, and investors have access to a greater array of opportunities, selection will be more important than ever.
G4 government bonds: A slow road to low yields
A stable to improving alpha outlook offsets the beta drag
J.P. Morgan 2019 LTCMA Equity Market Assumptions