JPMORGAN: Investors have a 3-item wish list, but getting all of them will be impossible. Here’s how they can outsmart a complex market trap.
|06/25/2019||Posted by BusinessMediaguide.Com under General World News||
- Benjamin Mandel of JPMorgan Asset Management says investors want to see a stronger global economy, an end to the US-China trade war, and interest rate cuts from the Fed. But they can’t have all three of those things.
- Mandel argues that those events can’t all happen together, because of the way they are connected.
- Each group of outcomes has its own implications for stocks and bonds, and as he watches events evolve, Mandel says he is very cautious on stocks and thinks the credit markets offers less risk.
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