Tuesday, 31 March 2020

U.S. pension funds may pour $400 billion into stocks, lifting virus-hit markets: JP Morgan

U.S. pension funds that delayed rebalancing their portfolios are likely to pump about $400 billion into stocks over the next two quarters, analysts at JP Morgan said, providing a potential boost to equity markets battered by the coronavirus pandemic.


from Reuters: Business News https://ift.tt/2UOqN4M

No comments:

Post a Comment

Why universal basic income is a long shot in the UK

Getty Images; Alyssa Powell/BI Universal basic income in the UK is politically controversial. The prime minister has previously said ...