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JPMorgan Strategist Says Now Could Be the Best Time to Buy Asia Stocks


Ever since the highs in February we re down quite a bit in Asian equities and the way we look at it is, our framework is telling us that now is probably the best time to be taking risks in Asia, he told CNBC s Squawk Box Asia.
Das said investor positioning in Asia is currently extremely, extremely light while valuations have come down to more normal levels. If macroeconomic momentum in the region starts to stabilize, Asia stocks could move a lot higher, he added.
The strategist said second-quarter corporate earnings in Asia could grow 60% to 70% from a year ago broadly in line with estimates.   ....

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Futures Stall At All Time High As Focus Turns To Jobs Data

Futures Stall At All Time High As Focus Turns To Jobs Data
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