J.P. Morgan market views
Our experts
Tom Elliott -
Global Strategist
David Shairp -
Global Strategist
Edmund Brandt -
Investment Director
Our opinions
| Review & Analysis | ||
|---|---|---|
| Last Week | Edmund’s Weekly Stock Market Report Each week, our investment director, Edmund Brandt, looks back at the events of the previous seven days on the world’s major stock markets. Broken down by region, the Weekly Stock Market Report looks at the performance of headline market indices in the US, Europe, Pacific and emerging markets. |  |
| Looking forward | ||
|---|---|---|
| This Week | David’s Weekly Strategy Report Global strategist, David Shairp, looks in depth at the latest developments in monetary policy, macroeconomic data and financial market performance, featuring the weekly strategy views of the J.P. Morgan Asset Management Global Multi-Asset Group. | |
| Tom’s Weekly Market Recap Global strategist, Tom Elliott, provides a weekly overview of the latest key stock market and economic data, including commentary on a key ‘release of the week’. | | |
| This Month | David’s Investment Outlook Global Strategist, David Shairp, gives a monthly update of the latest investment strategy of the J.P. Morgan Asset Management Global Multi-Asset Group. This in depth report contains detailed analysis of the latest policy and economic outlook as well as developments in earnings & valuations and on global financial markets. | |
| Edmund’s Investment Directors’ Bulletin Investment director, Edmund Brandt, sums up the latest views from J.P. Morgan Asset Management’s regional investment desks, providing an overview of current strategy and the latest opinions on the outlook for global stock markets. | | |
| This Quarter | Tom’s Guide to the Markets Market Review & Themes Report Global Strategist, Tom Elliott, looks in detail at three major investment themes, which are updated on a quarterly basis. Each month, this highly informative report also features a detailed market review. | |
A little more about our strategists:
Tom Elliott
Tom Elliott has been with the company since 1995, and since 2001 has been a global strategist with responsibility for the monthly Investment Outlook and the quarterly Guide to the Markets products. Prior to joining J.P. Morgan Asset Management Tom worked for four years at Grieg Middleton stockbrokers, and a year at Euromoney magazine as a features writer. He has an MSc from the LSE in Economic History.
David Shairp
David is a strategist within our Global Market Asset Group (GMAG) and is responsible for communicating J.P. Morgan’s economic and asset allocation strategy. An employee since 2004, David previously worked at BNP Paribas as a strategist, chief economist and head of research.
Edmund Brandt
Edmund is the Investment Director for Europe-domiciled pooled funds. He joined in 1989 as a portfolio manager, relocated to Hong Kong in 1993, and subsequently became Head of Research at Jardine Fleming Securities in Asia. Returning to London as a portfolio manager in 1998, he became a director in 2000 and was appointed to his current role in 2004. Edmund has a History BA from Durham, is a CFA charter holder and an associate of the UK Society of Investment Professionals.
Austerity and its risks
Since the Greek parliament passed its austerity budget in May, many other European countries have followed with deficit reduction plans. This trend runs counter to the pro-growth fiscal policies that have been fashionable since the collapse of Lehman Brothers, and carries its own set of risks. In this paper we look at whether European leaders really are 'mad', as Paul Krugman has described them, or if they may be able to achieve fiscal retrenchment in a manner that boosts long-term growth.
Post-election politics and the UK markets
UK government bonds (Gilts), equities and sterling are all likely to remain highly sensitive to domestic politics for many months to come, following the result of the general election that has resulted in a Conservative/Liberal Democrat coalition government.