We may be at the end of the bear market, says J.P. Morgan strategists

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

Tags:

StockAdvisory | StoriesofLife

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