JP Morgan bullish on global markets in H2; rejects possibility of recession, sees inflation receding in second half
JP Morgan is positive about global equity markets in the second half of this year. The US-based multinational investment bank said that it did not see a possibility of recession as is being predicted and even expects inflation to reduce in the second half of the year.
On the quarterly basis, there has been 16 per cent correction in the broad-based equity. Pic: Reuters