“Maybe he has nothing to justify,” says JPMorgan, the chief of strategists at JPMorgan, says a tremendous stock of the stock.

David Kelly, chief international strategic expert at JPMorgan Asset Management, offers his views on the American stock market amid a march that witnessed the S&P 500 index compensation for the losses caused by the United States to target imports on April 2.

In a new interview on Bloomberg, Kelly He says The last stock market gathering has been exaggerated, given the recent and medium -term prospects for the United States.

“We made a round and forth trip on the definitions here, but we still end up with a higher tariff than we were at first. I think we got a slower long -term economic growth. So, the relief gathering was stronger than the shrinkage and I think it might be a little full.

Therefore, I still warn people that in the long run, the huge prices achieved by American stock prices on the rest of the world may not have justified them …

… I think it is too early to be truly optimistic about stocks due to financial motivation because you know that we are talking about the full employment economy as the Federal Reserve will have a lower reason for lowering. “

According to JPMorgan strategy, international stocks are likely to offer better returns for the future for American stocks.

“Yes, the American stock market has almost made a round and forth trip from year to date, but European stocks have risen strongly. International stocks are generally rising strongly for this year. And the dollar has decreased.

I think that will continue because we will eventually remain a big definition at the end of all this, although we see, as you know, it comes down. We will end with a higher deficit, we will end with decreased immigration, and perhaps low economic growth … in the short term to average.

Nothing of this is really very supportive. I think the United States will do well. But does it deserve to be 50 % in addition to the rest of the world in terms of [price-to-earnings] PE ratio? “

https://www.youtube.com/watch??

Follow us xand Facebook and cable

Don’t miss a rhythm – Subscribe to deliver email alerts directly to your inbox

Check the price procedure

Browse the daily Hodl Mix

& nbsp

Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.

Created Image: Midjourney