JPMORGAN: The biggest risk to stocks is from rising rates, but these 19 will be resilient (ADI, AMG, AMP, BBT, BK, CA, CME, EA, ISRG, GRMN, MA, MNST, NTRS, ORCL, PCLN, PSA, SCHW, TMK, WFC)
|12/16/2016||Posted by BusinessMediaguide.Com under General World News||
The Federal Reserve did the expected this week and raised its benchmark interest rate.
If there are no sudden shocks to the economy, the Fed plans to continue lifting rates, after leaving them near zero for about a decade.
In a note Friday, JPMorgan equity strategists said rising rates and a stronger dollar are the biggest risks to their bullish outlook for stocks in 2017.
“While the low interest rate environment has been a headwind for financials, it has been a boon for the remaining ten sectors that have $4 trillion in aggregate outstanding debt,” said Dubravko Lakos-Bujas, head read more >>>