JPMorgan Pushes Back on Fear That All Markets Are ‘Japanizing’

(Bloomberg) — While the threat of Japanification hangs over some of the world’s biggest markets, there’s little chance of it happening in the U.S., according to analysis by JPMorgan Chase & Co.Unlike the U.K. and euro area, America is still far away from the chronic forces that have characterized Japanese markets during the past several decades, the New York-based bank said in a note dated Sept. 18. The catalysts are the ultra-loose monetary policies, yet they’re affecting some markets less than others.The Federal Reserve’s ability to complete a hiking cycle after the great financial crisis built conviction that the U.S. …read more

Source:: Yahoo Finance

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