(Bloomberg) — Equity demand is likely to rise next year while supply contracts, according to JPMorgan Chase & Co.Retail investors and equity long/short hedge funds are expected to drive demand for equities in 2020, JPMorgan strategists led by Nikolaos Panigirtzoglou said. They foresee improvement in equity demand versus supply of about $410 billion, when calculated by adding up the projected demand-flow changes and subtracting the supply change compared with 2019.That’s around half the improvement this year relative to 2018, which is estimated at $850 billion — the best since 2010 — according to JPMorgan’s estimates.Institutional investors, such as balanced mutual …read more
Source:: Yahoo Finance
