(27.11.2019, 19:02)Ste Fan schrieb: The ‘great rotation’ will arrive in 2020 and bring another strong year for stocks, JP Morgan saysDie Cheerleader ziehen das Röckchen hoch...
Published: Nov 25, 2019 11:33 a.m.
Wall Street opened higher on Monday on renewed optimism of a trade deal between the U.S. and China. New tariffs are due to hit on Dec. 15, but U.S. President Donald Trump said last week that a deal was “potentially very close.”
Chinese President Xi Jinping said Beijing was working to avoid a trade war but warned it would fight back if necessary.
Despite equities remaining vulnerable to an escalation in trade tensions, JP Morgan said 2020 could be another strong year for stocks.
In our call of the day, JP Morgan analysts said 2020 could be the year of the “great rotation” — retail investors abruptly shifting away from bond funds to buying equity funds, last seen in 2013.
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https://www.marketwatch.com/story/the-gr...2019-11-25
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