JPMorgan: Add to Risky Assets as Uncertainty Fades
The Pragmatic Capitalist submits:
Love ‘em or hate ‘em few have ridden the recovery rally as well as JP Morgan’s equity team. They continue to trade the rally from the bullish side (and the correct side). They say the strength of the recovery is underestimated and skeptical investors will slowly continue to pile into risk assets. Of course, they aren’t the only big bank with a very positive outlook. BlackRock recently released very similar commentary.
Just a few weeks ago JP Morgan (JPM) said the concerns about China’s tightening and Greece’s debt fears were overblown and investors should buy the dip (see here for more). But this doesn’t mean there aren’t continuing risks to their outlook. Among the main risks are the following:
Investing, Long Term Investment, stock market | admin March 12, 2010
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