B · Normal
[JPMorgan Chase Strategist: Continue to buy stocks at dips and expect emerging markets to outperform developed markets] On September 7, JPMorgan Chase said that rising corporate profits and better manufacturing data in the United States and Europe have created a favorable environment for the stock market and should be bought during market corrections. A team of strategists led by Mislav Matejka wrote that regional profit gaps are narrowing and non-U.S. stocks are expected to outperform U.S. stocks for the second consecutive year. Emerging market stocks are expected to outperform developed market stocks. Future returns will not be dominated by the artificial intelligence sector, but semiconductor stocks are expected to stabilize, supporting the relative performance of emerging markets. The report pointed out that the current stock positions in emerging markets are low and capital inflows are expected to pick up again, reappearing the capital inflow trend at the beginning of the year. Strategists say that as long as inflation expectations do not become detached, rising bond yields and moderate central bank policy tightening are unlikely to derail the positive outlook for the stock market.
Comments