I posted earlier on the JPM comments re crypto
JPM also added remarks on equities:
still don’t see the hallmarks of bubbles at the index level in
Equities and FICC.
- Focus instead this summer on two pivots – a more
hawkish Fed and peak growth and earnings.
- Remember, however, that
both still imply accommodative policy and a very strong economy.
therefore stay in cyclicals and Value stocks, despite the chatter
that peaks should require more defensive portfolio rotations.
(Bolding is mine)
forex education hub.