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JP Morgan sees fundamentals supporting equities in 3Q

Samantha Chiew Published on Tue, Jul 18, 2017 / 3:22 PM GMT+8

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SINGAPORE (July 18): JP Morgan Asset Management (JPMAM) says strong fundamentals, backed by sustained economic growth, will be supportive of equities in the third quarter.

However, JPMAM also recommends investors to remain cautious over fixed income amid rising bond yields.

In a media release issued on Tuesday, Jasslyn Yeo, Global Market Strategist at JPMAM, says economic growth for most major developed market and emerging market countries are still running above trend.

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