JPMorgan strategist believes global market rout still has room to run

Tokyo

DON'T be fooled into thinking the rebound in stocks means we've reached the bottom, says Marcella Chow, who watches the world's markets for JPMorgan Asset Management Inc.

The global strategist for the US$1.7 trillion money manager says she's on edge, her clients are panicky and she's telling them to stash as much as 70 per cent of holdings in bonds including US Treasuries.