by Ksenia Galouchko
Positive technical indicators and monetary easing will likely outweigh the uncertainty of the U.S.-China trade war and the “wild card” of developments in tariff negotiations, according to JPMorgan.
JPMorgan joins others on the sell-side like Bank of America Merrill Lynch, which said on Friday it’s bullish on risk assets, including equities, for 2019.
JPMorgan’s bullish view contrasts with that of many major buy-side investors. UBS Global Wealth Management last week went underweight on equities for the first time since the euro-area crisis while Legal & General and Manulife Investment Management have taken profit on their risk assets and entered a wait-and-see mode.
Source: Bloomberg
https://finance.yahoo.com/news/jpmorgan ... 53307.html