JPMorgan: Lower Productivity Growth, Higher Wages To Weigh On StocksMark Melin
J.P.Morgan is not overweight equities in their model portfolio and Jan Loeys the analyst team in the Global Asset Allocation group think they owe investors an answer. In an August 19 research report and a J.P.Morgan View video posted to Reuters Insider they point to trend growth not being good enough and the potential for an eventual recession.
We want better than trend growth . . .
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