Five years into the recover following the financial crisis - history suggests we are now closer to the next crash than the last
Five years into the recover following the financial crisis - history suggests we are now closer to the next crash than the last. JP Morgan's global head of asset allocation, Jan Loeys, says he is now starting to adjust his strategy in anticipation of the next correction. The longest economic expansion in the US on record in the last 200 years is the 1990s and it was 10 years. We're five years into the current one, so I'm at the point where I am ... preparing for the next crash. The debate about asset allocation has emerged as bond prices in the US get squeezed in what looks to be a flight to safety. Loeys expects a correction to come from a liquidity crisis saying, within two years' time you want to be primarily in liquid risk assets, which means exchange traded, which means equities. Full article here: (VIEW LINK)
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