Economics
JPMorgan Says 2020 ‘Might Not Be a Year to Think About Recession’
- Fed pivot may shake up timing of investment cycle, report says
- Even ‘modest’ improvements in global growth could boost stocks
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The Federal Reserve’s change in tone may mean investors should reconsider the timing of the investment cycle, according to JPMorgan Chase & Co.
That means investors shouldn’t be driven by fears of recession for now, JP Morgan analysts said.