JPMorgan Says Volatility Turning From Market Foe to Friend

(Bloomberg) — Volatility in stocks and bonds has ebbed to levels that could boost markets rather than fuel more turbulence, according to JPMorgan Chase & Co.Price swings are getting muted as central banks and governments around the world provide unprecedented packages of stimulus to cushion the economic hit from Covid-19. That’s improving conditions in funding markets, market liquidity and deleveraging by value-at-risk sensitive investors — three key areas for volatility — according to strategists led by Nikolaos Panigirtzoglou.“Following the deterioration in market functioning and liquidity in March, with liquidity conditions in some markets worse than during the financial crisis, there …read more

Source:: Yahoo Finance

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