JPMorgan says stocks in these sectors will lead markets higher as economy recovers_老虎社区_美港股上老虎

JPMorgan says stocks in these sectors will lead markets higher as economy recovers

cnbc2021-03-12

KEY POINTS Global stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending. James Sullivan, head of...

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Lord_Kuberan
·2021-03-12
Those planning to get in, I would suggest to hold it. It is still due to the uncertainty and I found out the price is very volatile lately.
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zhimin0808
·2021-03-12
Hmm.. still dunno what else to buy :(
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Sandpiper
·2021-03-12
My p@啊泽___
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District19
·2021-03-12
So?
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1
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ARCHYYY
·2021-03-12
Okay
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Rocketupup
·2021-03-12
Say like no say
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2
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524e7269
·2021-03-12
😀
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1
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T4S
·2021-03-12
Good read. Like and comments pls. Tks
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2
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- Rocketupup:
  Sure. Commented
  2021-03-12
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Kah
·2021-03-12
[财迷]
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2
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iofthetig3r
·2021-03-12
Good read!
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Benjemyn
·2021-03-12
$ArcelorMittal SA(MT)$hop on the steel train before it blasts off.
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2
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EzzyDibz
·2021-03-12
Like and comment please! Thanks!
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5
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- XNOP593:
  Done
  2021-03-12
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- EchoWafflez:
  comment
  2021-03-14
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MKMillion
·2021-03-12
Global stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.
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jaffer
·2021-03-12
Following
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1
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Mothball97
·2021-03-12
Hahaha
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1
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AS78
·2021-03-12
Buying Technology stock is challenging
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1
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Atwosome
·2021-03-12
Cyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as Finance, Energy and Industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.
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TradeNinja
·2021-03-12
That Great!
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4
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Desmond_Ong
·2021-03-12
Today may drop but not too much
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2
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- Mattczy:
  Dropped
  2021-03-12
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Bibop
·2021-03-12
Tiger roars
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","article_id":"1131409224","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","pubTimestamp":1615533719,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"摩根大通表示，随着经济复苏，这些行业的股票将引领市场走高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":328788477,"gmtCreate":1615559977099,"gmtModify":1703490935953,"author":{"id":"3559546385259983","authorId":"3559546385259983","name":"Lord_Kuberan","avatar":"https://static.tigerbbs.com/9e82384ce5c6aef5201a6f95f219f3be","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3559546385259983","idStr":"3559546385259983"},"htmlText":"Those planning to get in, I would suggest to hold it. It is still due to the uncertainty and I found out the price is very volatile lately.&nbsp;","listText":"Those planning to get in, I would suggest to hold it. It is still due to the uncertainty and I found out the price is very volatile lately.&nbsp;","text":"Those planning to get in, I would suggest to hold it. It is still due to the uncertainty and I found out the price is very volatile lately.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328788477","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328476292,"gmtCreate":1615556643016,"gmtModify":1703490863739,"author":{"id":"3574113728555242","authorId":"3574113728555242","name":"zhimin0808","avatar":"https://static.tigerbbs.com/c7a417dfd78c93123bd6aa480aa1c26c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3574113728555242","idStr":"3574113728555242"},"htmlText":"Hmm.. still dunno what else to buy :(","listText":"Hmm.. still dunno what else to buy :(","text":"Hmm.. still dunno what else to buy :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328476292","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328476894,"gmtCreate":1615556638818,"gmtModify":1703490863395,"author":{"id":"3575181568146382","authorId":"3575181568146382","name":"Sandpiper","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3575181568146382","idStr":"3575181568146382"},"htmlText":"My p<a href=\"https://laohu8.com/U/3559448594088649\">@啊泽___</a>","listText":"My p<a href=\"https://laohu8.com/U/3559448594088649\">@啊泽___</a>","text":"My p@啊泽___","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328476894","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":328440013,"gmtCreate":1615554975332,"gmtModify":1703490844497,"author":{"id":"3570062979833136","authorId":"3570062979833136","name":"District19","avatar":"https://static.tigerbbs.com/156ffbb659c0effab24d14243664a315","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3570062979833136","idStr":"3570062979833136"},"htmlText":"So?","listText":"So?","text":"So?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328440013","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328456538,"gmtCreate":1615554547224,"gmtModify":1703490837801,"author":{"id":"3575027913297857","authorId":"3575027913297857","name":"ARCHYYY","avatar":"https://static.tigerbbs.com/ad65445644b08420054295b3098d272d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3575027913297857","idStr":"3575027913297857"},"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328456538","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328423086,"gmtCreate":1615553356945,"gmtModify":1703490817528,"author":{"id":"3555199737903833","authorId":"3555199737903833","name":"Rocketupup","avatar":"https://static.tigerbbs.com/feac8c57fda8c223f1c0a55775d10484","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3555199737903833","idStr":"3555199737903833"},"htmlText":"Say like no say","listText":"Say like no say","text":"Say like no say","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328423086","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328484632,"gmtCreate":1615551573026,"gmtModify":1703490798764,"author":{"id":"3573825884620071","authorId":"3573825884620071","name":"524e7269","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3573825884620071","idStr":"3573825884620071"},"htmlText":"😀","listText":"😀","text":"😀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328484632","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328484371,"gmtCreate":1615551561493,"gmtModify":1703490798409,"author":{"id":"3571776703726113","authorId":"3571776703726113","name":"T4S","avatar":"https://static.tigerbbs.com/d1eebe3a27e867d958881321d626cdf2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3571776703726113","idStr":"3571776703726113"},"htmlText":"Good read. Like and comments pls. Tks","listText":"Good read. Like and comments pls. Tks","text":"Good read. Like and comments pls. Tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/328484371","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3780678,"gmtCreate":1615553377260,"gmtModify":1635755335701,"authorId":3555199737903833,"author":{"id":3555199737903833,"idStr":"3555199737903833","authorId":3555199737903833,"name":"Rocketupup","avatar":"https://static.tigerbbs.com/feac8c57fda8c223f1c0a55775d10484","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":328484371,"type":1,"supId":0,"prevId":0,"content":"Sure.  Commented","text":"Sure.  Commented","html":"Sure.  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charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":328488106,"gmtCreate":1615551090405,"gmtModify":1703490792221,"author":{"id":"3574937126943437","authorId":"3574937126943437","name":"iofthetig3r","avatar":"https://static.tigerbbs.com/efea7af528f6130030d0d3fc4bfedf08","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3574937126943437","idStr":"3574937126943437"},"htmlText":"Good read!","listText":"Good read!","text":"Good read!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328488106","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328483562,"gmtCreate":1615550811956,"gmtModify":1703490790148,"author":{"id":"3575273306237470","authorId":"3575273306237470","name":"Benjemyn","avatar":"https://static.tigerbbs.com/7a9934147c931cb6de36c4690c60dc07","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575273306237470","idStr":"3575273306237470"},"htmlText":"<a href=\"https://laohu8.com/S/MT\">$ArcelorMittal SA(MT)$</a>hop on&nbsp;the steel train&nbsp;before it blasts off.&nbsp;","listText":"<a href=\"https://laohu8.com/S/MT\">$ArcelorMittal SA(MT)$</a>hop on&nbsp;the steel train&nbsp;before it blasts off.&nbsp;","text":"$ArcelorMittal SA(MT)$hop on the steel train before it blasts off.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328483562","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328410806,"gmtCreate":1615548914305,"gmtModify":1703490772185,"author":{"id":"3571702273402464","authorId":"3571702273402464","name":"EzzyDibz","avatar":"https://static.tigerbbs.com/22e4fc119203edb4fdff5e19cc123791","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3571702273402464","idStr":"3571702273402464"},"htmlText":"Like and comment please! Thanks!&nbsp;","listText":"Like and comment please! Thanks!&nbsp;","text":"Like and comment please! Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/328410806","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3780422,"gmtCreate":1615550720528,"gmtModify":1635755348283,"authorId":3577092942653022,"author":{"id":3577092942653022,"idStr":"3577092942653022","authorId":3577092942653022,"name":"XNOP593","avatar":"https://static.tigerbbs.com/732877c9630f22cc8eb6bebac5e10f6d","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":328410806,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"},{"id":3791424,"gmtCreate":1615703170188,"gmtModify":1635754686958,"authorId":3577591419907389,"author":{"id":3577591419907389,"idStr":"3577591419907389","authorId":3577591419907389,"name":"EchoWafflez","avatar":"https://static.tigerbbs.com/082fe61181f2c8af278ddbf297f8cf55","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":328410806,"type":1,"supId":0,"prevId":0,"content":"comment","text":"comment","html":"comment"}],"langContent":"EN"},{"id":328438439,"gmtCreate":1615548316621,"gmtModify":1703490763209,"author":{"id":"3570746005712825","authorId":"3570746005712825","name":"MKMillion","avatar":"https://static.tigerbbs.com/c5bf43f3e7265083b7b83e859fd2797c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3570746005712825","idStr":"3570746005712825"},"htmlText":"Global stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.","listText":"Global stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.","text":"Global stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328438439","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328431642,"gmtCreate":1615548096886,"gmtModify":1703490761313,"author":{"id":"3574309252756598","authorId":"3574309252756598","name":"jaffer","avatar":"https://static.tigerbbs.com/1a3d779d7e90da7a7b584e147536abf7","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3574309252756598","idStr":"3574309252756598"},"htmlText":"Following&nbsp;","listText":"Following&nbsp;","text":"Following","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328431642","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328494738,"gmtCreate":1615547617524,"gmtModify":1703490754407,"author":{"id":"3569456504715963","authorId":"3569456504715963","name":"Mothball97","avatar":"https://static.tigerbbs.com/5388289340dd15f9938d5c5dfab83e83","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3569456504715963","idStr":"3569456504715963"},"htmlText":"Hahaha","listText":"Hahaha","text":"Hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328494738","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328494458,"gmtCreate":1615547605274,"gmtModify":1703490754579,"author":{"id":"3554958921608603","authorId":"3554958921608603","name":"AS78","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3554958921608603","idStr":"3554958921608603"},"htmlText":"Buying Technology stock is challenging","listText":"Buying Technology stock is challenging","text":"Buying Technology stock is challenging","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328494458","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328495223,"gmtCreate":1615547460762,"gmtModify":1703490752509,"author":{"id":"3571305152732730","authorId":"3571305152732730","name":"Atwosome","avatar":"https://static.tigerbbs.com/2085a92415ef32924f70d916d490adce","vip":1,"crmLevel":8,"crmLevelSwitch":0,"authorIdStr":"3571305152732730","idStr":"3571305152732730"},"htmlText":"Cyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as Finance, Energy and Industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.","listText":"Cyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as Finance, Energy and Industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.","text":"Cyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as Finance, Energy and Industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328495223","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328498071,"gmtCreate":1615547099893,"gmtModify":1703490746656,"author":{"id":"3569672588051052","authorId":"3569672588051052","name":"TradeNinja","avatar":"https://static.tigerbbs.com/fd4ee5ebcb96dbb0e52fc5f9d07a81e2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3569672588051052","idStr":"3569672588051052"},"htmlText":"That Great!","listText":"That Great!","text":"That Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328498071","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":328499790,"gmtCreate":1615546864310,"gmtModify":1703490743388,"author":{"id":"3571800826907519","authorId":"3571800826907519","name":"Desmond_Ong","avatar":"https://static.tigerbbs.com/75a63a0c5d781909391af1cc4235de18","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3571800826907519","idStr":"3571800826907519"},"htmlText":"Today may drop but not too much&nbsp;","listText":"Today may drop but not too much&nbsp;","text":"Today may drop but not too much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/328499790","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3780054,"gmtCreate":1615546899820,"gmtModify":1635755365820,"authorId":3574196805148272,"author":{"id":3574196805148272,"idStr":"3574196805148272","authorId":3574196805148272,"name":"Mattczy","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":328499790,"type":1,"supId":0,"prevId":0,"content":"Dropped ","text":"Dropped ","html":"Dropped "}],"langContent":"EN"},{"id":328499421,"gmtCreate":1615546854463,"gmtModify":1703490742874,"author":{"id":"3574823733614024","authorId":"3574823733614024","name":"Bibop","avatar":"https://static.tigerbbs.com/5c9cf1e4cff885e3bf9913697004534b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574823733614024","idStr":"3574823733614024"},"htmlText":"Tiger roars&nbsp;","listText":"Tiger roars&nbsp;","text":"Tiger roars","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328499421","repostId":1131409224,"repostType":4,"repost":{"id":"1131409224","pubTimestamp":1615533719,"share":"https://www.laohu8.com/m/news/1131409224?lang=&edition=full","pubTime":"2021-03-12 15:21","market":"us","language":"en","title":"JPMorgan says stocks in these sectors will lead markets higher as economy recovers","url":"https://stock-news.laohu8.com/highlight/detail?id=1131409224","media":"cnbc","summary":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in ","content":"<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan says stocks in these sectors will lead markets higher as economy recovers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan says stocks in these sectors will lead markets higher as economy recovers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/12/jpmorgan-on-cyclical-defensive-and-tech-stocks-amid-inflation-expectations.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1131409224","content_text":"KEY POINTS\n\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nJames Sullivan, head of Asia ex-Japan equity research at JPMorgan, says the investment bank expects cyclical and defensive stocks to lead the market higher in the medium-term instead of tech stocks.\nJPMorgan is also positive on consumer stocks. “We are seeing very strong consumption trends across the board,” according to Sullivan.\n\nInvestment bank JPMorgan expects cyclical stocks to lead the market higher in the medium- to long-term as the business cycle improves.\n“You’re going to see cyclicals and more defensive names continue the rally after we get past this period of adjustment,” said James Sullivan, head of Asia ex-Japan equity research at JPMorgan.\nCyclical stocks are companies whose underlying businesses tend to follow the economic cycle of expansion and recession. Some of these include sectors such as finance, energy and industrial. Defensive stocks — such as health care and consumer staples — typically provide consistent earnings and dividends regardless of stock market conditions.\nGlobal stock markets wobbled in recent weeks as bond yields rose, driven by optimism in the vaccine rollout for Covid-19 and the resumption of consumption spending.\nThe move fueled expectations of higher inflation and investors worried it would prompt central banks to raise interest rates. Higher interest rates can knock down stocks with relatively high valuations.\nInterest rates concerns also accelerated a market rotation — as investors took money out of expensive tech and growth stocks and put them into other cyclical sectors such as finance, energy and industrial. Stocks have rebounded in recent sessions but analysts still expect market conditions to remain volatile.\n“What we’ve seen is a very, very sharp rebound in value, you’re likely to see a bounce in growth as a result of the extremity of that market move,” he said Wednesday on CNBC’s “Street Signs Asia.”\n“On a medium-to-long term basis, though, we still see cyclicals and defensives leading this market higher,” Sullivan added.\nJPMorgan positive on financials, consumer stocks\nSteepening of the yield curve is positive for the overall profitability of large financial institutions, Sullivan explained, adding that the investment bank is overweight for both the banking and insurance sectors. Financial companies typically benefit from rising interest rates as it expands their profit margin.\nA steepening yield curve occurs when rates for longer dated bonds rise faster than interest rates for shorter dated bonds and typically indicates that investors expect rising inflation and stronger economic growth.\nJPMorgan is also positive on consumer stocks, according to Sullivan. “We are seeing very strong consumption trends across the board,” he said, adding the bank “would be positive on both financials and consumer as a result.”\nAs economies around the world reopen, consumption spending is expected to resume on the back of better growth prospects and stimulus measures. Overnight in the U.S., President Joe Biden signed a massive $1.9 trillion coronavirus relief package that will put cash into the hands of Americans.\nTech: Valuations ‘reasonably high’\nTechnology stocks were a big beneficiary in the markets last year as the coronavirus pandemic knocked global growth off track due to lengthy lockdowns around the world. Investors and traders, who typically turn to less risky assets in order to weather the market volatility, poured money into tech and software stocks which benefited from the lockdown.\n“Overall tech leadership of markets was taken to an extreme last year,” Sullivan said, adding that despite some of the recent sell off in tech names, “we are seeing valuations that are reasonably high.”\nJPMorgan’s argument is that within the tech space, investors should rotate out of platform names and move into companies that sell software as a service and into the semiconductor space given the ongoing global chip shortage.\n“We don’t necessarily see the large platforms leading these markets higher for the rest of this year,” Sullivan added.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":94,"commentSize":23,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}