(Bloomberg) -- Hugh Gimber, global market strategist at JPMorgan Asset Management, says his investment stance is still defensive despite progress on the US debt-limit deal. “Equities, bonds, credit haven’t really been pricing in a major risk premium. And therefore this I think a time where instead of seeing a big market relief and a big market rally, investors are going to start to turn instead back to economic fundamentals where we do still see things weakening.” Gimber speaks on “Bloomberg Markets: Europe.”
©2023 Bloomberg L.P.
Advertisement