Risky assets will benefit in next 100 days of Biden admin: JP Morgan
Sat, Apr 10 2021 5:36 IST |
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New York, April 10 : Global investment analysts at a closed door JP Morgan huddle are betting that risky assets will cruise, market volatility will decline, asset bubbles are still far away in the broader equity market and that US president Joe Biden will remain focused on supercharging the US economy before midterm elections in 2022. While there is a lot of talk about asset bubbles, it is hard to see one in the broad equity market, but certain segments that have more than tripled in price over a short period of time are likely experiencing bubbles, such as innovative ESG sectors like clean energy, solar energy and Electric Vehicles, along with crypto assets and SPACs, JP Morgan wrote in a Global Research Persp
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