Friday, September 17

JPMorgan Asset Management

JPMorgan, JPMorgan Asset Management, Markets, MI Exclusive, Reflation Trade, reopening, reopening trade, Rotation to value, Stock Market Outlook, US stocks, value stocks

The rotation into value stocks will get a new lease of life as the US economy booms, JPMorgan strategist says

The US economy is booming as Americans spend built-up savings. Noam Galai/Getty Images The rotation into value stocks should pick up pace again as the US economy roars, a JPMorgan strategist said. Hugh Gimber said Americans with built-up savings should benefit banks and consumer-focused companies. The so-called reflation trade has paused in recent days after the Fed appeared to shift its stance. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The rotation into so-called value stocks in the US has further to run as rapid economic growth pushes up bond yields, a JPMorgan strategist has said, despite signs that the trade has cooled in recent days.Hugh Gimber, JPMorgan Asset Management's global market strategist, told Insider that companies in the financial ...