Bear market bounce expected in H1 2019 but recession risks persist: JPMAM
Longer-term investors should de-risk their portfolios, consider more bond exposure to mitigate volatility
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
WHILE equity markets have entered bear market territory in recent days, investors can expect a sizeable "bear market bounce" in the first half of 2019, JP Morgan Asset Management (JPMAM) said in its quarterly market outlook on Thursday.
JPMAM's Singapore-based global market strategist Jasslyn Yeo noted that several potential positive catalysts support the case for a significant bounce, including the recent change to a more dovish view by the US Federal Reserve's policymaking committee.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
A new logic of China-Asean economic integration emerges from the Middle East conflict
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
