Investors should position themselves for the upcoming boost in infrastructure spending as monetary policy effectiveness starts to reach its limits, that’s according to JP Morgan’s Global Equity Strategy research team.
Eyeing Up The Infrastructure Investment Opportunity
In an equity strategy research note sent out to clients at the beginning of this week, JP Morgan’s equity analysts write that as interest rates are approaching or breaching the 0% level, monetary policy is at risk of becoming increasingly less effective and the number calls among policymakers for the increase in fiscal stimulus is growing.
Canada Has Room To Ramp Infrastructure Spending: BAML
Just two days after JP Morgan’s note was published Japan’s prime minister unveiled a surprisingly large ¥28 trillion ($265 billion)...
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