The firm’s chief global market strategist is among Wall Street pros who expect earnings growth in the S&P 500 Index will broaden beyond the tech behemoths by year-end
SURGE 2016 expects more than 4,000 attendees including ...
In an interview with CNBC-TV18, Kelly says he prefers European and emerging markets over US at this point.
Crude oil slipped under USD 50 a barrel as Brent, the global benchmark, posted a seventh straight weekly loss. Gold rose and notched its first weekly gain in four weeks as political uncertainty in Greece boosted demand for safe-haven assets.
David Kelly believes Europe will outperform once markets bounce back and could surprise on the upside.
Steve Brice, chief investment strategist, Standard Chartered Bank believes as long as the data coming out of the US continues to be strong, markets will take tapering in its stride.
JPMorgan funds is optimistic of global equities performing well in the next year. He sees promise in the European and emerging markets (EMs) in the medium-term.
There has been a lot of improvement, the global economy is doing better and there has been substantial improvement in the housing market in the United States and all of these things are leading to strong economic growth, says David Kelly, Global Strategist, JPMorgan AMC.
In an interview to CNBC-TV18 David Kelly of JPMorgan Funds said that he is bullish on India over a long term, dispte the fact that emerging market (EMs) are vastly overreacting to the Fed taper.
Many emerging economies are grappling with domestic issues, but from a relative valuations perspective, emerging markets are not expensive, says David Kelly.
David Kelly of JPMorgan Funds believes markets at the moment are very concerned over the fiscal cliff. But, he is hopeful of getting it fixed over the next few weeks or at the most, till January.