Time to Buy Equities Again Is Fast Approaching, Says JPMorgan

Hao Hong of Bocom International, says markets are pricing in the worst-case scenario for the trade war.Markets: China Open.” (Source: Bloomberg)

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Namitha Jagadeesh

August 27, 2019 at 10:21 AM UTC

Updated on

August 27, 2019 at 2:21 PM UTC

This article is for subscribers only.

The stock market is starting to look good again to JPMorgan Chase & Co.

After August’s sell-off, the time to buy stocks is approaching, strategists led by Mislav Matejka wrote in a note Tuesday, saying equities will move higher starting with an up trend in September. Benchmarks including the S&P 500 Index, the Stoxx Europe 600 Index and the MSCI Asia Pacific Index are poised for their biggest monthly declines since May.