by finandlife24/06/2022 08:11
This is due to investors holding way too much cash with levels close to 40% - the highest level in a decade.
J.P. Morgan tracks a metric based on holdings of stocks, bonds and cash that’s outside of central banks and commercial lenders.
J.P. Morgan’s pro-risk stance hasn’t worked out so far this year. Despite this, the bank’s strategists remain optimistic on stocks, even as the S&P 500 plunged into a bear market.
J.P Morgan
by finandlife22/06/2022 12:54"If you do not change direction, you may end up where you are heading." Lao Tzu
by finandlife21/02/2022 16:53 by finandlife15/12/2021 08:57 by finandlife10/10/2021 21:24