Corporate profits under pressure
J. P. Morgan | Following a complicated fourth quarter last year, world markets have recovered strongly so far in 2019.
J. P. Morgan | Following a complicated fourth quarter last year, world markets have recovered strongly so far in 2019.
Markets around the world are turning bearish. An understandable move as investors are confronted with dismal global growth prospects. Emerging countries face a rather gloomy outlook and even the most developed regions do not escape this uninspiring scenario. Europe’s recovery lags behind, as usual, while US growth loses momentum.