Patrik Schowitz, a global multi-asset strategist at JP Morgan Asset Management, upgraded the outlook on global equities, in his latest client note published on Monday. The shift in the view is mainly in response to hopes for a breakthrough in Sino-US trade talks, reduced risk of a US recession and a moderately positive earnings outlook. Key Quotes: “We have held a cautious view on the outlook for equity markets for much of this year… however, the environment has shifted in recent weeks.” “That change likely reflects several factors, which we think has some more room to run.” “Emerging market equities are now our most favored region alongside U.S. large cap equities, which we believe can do relatively well under a range of scenarios.” “Our least preferred markets are Australia and U.S. small cap equities.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next IOTA market update: IOT/USD bulls finally wake up; all eyes set on $0.30 FX Street 3 years Patrik Schowitz, a global multi-asset strategist at JP Morgan Asset Management, upgraded the outlook on global equities, in his latest client note published on Monday. The shift in the view is mainly in response to hopes for a breakthrough in Sino-US trade talks, reduced risk of a US recession and a moderately positive earnings outlook. Key Quotes: "We have held a cautious view on the outlook for equity markets for much of this year... however, the environment has shifted in recent weeks." "That change likely reflects several factors, which we think has some more room to run." "Emerging market… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
