Investors are loving growth stocks, but rising recession fears have raised concerns about how sustainable the rally can be. JPMorgan weighs in.
Investors have poured into growth stocks of late, but as recession fears mount, market watchers are weighing whether to rotate into safer bets instead. JPMorgan , however, believes the growth rally still has "further to go." "We continue to think the rebound in growth style is only tactical, but it likely has some further to go, perhaps even until year end," JPMorgan's strategists, led by Mislav Matejka, said in a Aug. 15 research note.
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