Tuesday, 15 November 2016

Dow Record. JP Morgan. Cry Wolf

Is a 1986 hit for Norwegian pop group A-ha.
This week, its JP Morgan's turn to cry wolf, urging on clients to sell equities on rallys, even as the Dow Jones inched up 54 points to 18,9 23.0 6 points.

CNBC has the House of Morgan's call on equities. Read Below :

Investors should sell into the post-election market rally and continue cutting their exposure to emerging markets in the wake of Donald Trump's election win, JPMorgan Cazenove said in a note.

"After seven years of having a structural overweight stance on global equities, we believe the backdrop for stocks has deteriorated," JPMorgan Cazenove said. "One should use the potential bounce to reduce .