Thursday, 25 April 2019

JPMorgan's Bob Michele Says ‘Enjoy the Ride’ as Risk Assets Rally

JPMorgan's Bob Michele Says ‘Enjoy the Ride’ as Risk Assets RallyThe chief investment officer at JPMorgan Asset Management said money managers are sitting on too much cash and should be boosting their allocations to high-yield assets after the Federal Reserve’s dovish pivot. The firm is putting its weight behind emerging markets as investors from BlackRock Inc. to Fidelity International warn of a break in the rally.




from Yahoo News - Latest News & Headlines https://yhoo.it/2Xzw0gG

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