News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
JPM Asset Mgmt Expects Oil Prices to Largely Normalize in 3-4Q, Global Econ Growth to Remain Resilient
Sylvia Sheng, Global Multi-Asset Strategist at J.P. Morgan Asset Management, said the firm’s base-case forecasts that oil prices will largely return to normal in 3-4Q. Under ...
Reset
Send
The window will close in 5 seconds
JPM Asset Mgmt Expects Oil Prices to Largely Normalize in 3-4Q, Global Econ Growth to Remain Resilient
Close
Recommend
12
Positive
2
Negative
9
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get Level 1 Real-Time Streaming!

Sylvia Sheng, Global Multi-Asset Strategist at J.P. Morgan Asset Management, said the firm’s base-case forecasts that oil prices will largely return to normal in 3-4Q. Under this base case, it expected global economic growth to remain resilient. The firm maintained a moderately risk-on stance, including an Overweight position in equities, and reiterated its preference for the technology and communication services sectors.

Sheng noted that economies vary in their vulnerability to rising energy prices. In the firm’s base-case scenario, the US economy is expected to shift from above-trend growth to near- (or slightly above-) trend growth, with limited pass-through of higher oil prices to core inflation. Both consumers and businesses view the recent surge in energy prices as brief, which should help avoid a broader economic slowdown.

Related NewsPPI YoY for Apr in China is 2.8%, higher than the previous value of 0.5%. The forecast was 1.5%.

Auto-translated by AI
View Original Text
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.