Where Can Investors Find Value in the US?

Companies, governments and consumers are all being more prudent and disciplined with their cash: meaning the recovery in the US still has further to go

J.P. Morgan Asset Management 3 December, 2013 | 1:00PM
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This article is part of Morningstar's "Perspectives" series, written by third-party contributors. Here, Don San Jose, manager of JPMorgan US Smaller Companies Investment Trust, predicts great growth for the US.

As the US equity market flirts with new highs, we continue to believe that equities can go higher. Stocks look fairly valued to us and we would expect that investors will still earn a reasonable return from these levels.

The relative valuation gap between equities and fixed income remains intact and for us could be a key catalyst for equity performance from some asset class rotation. 

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About Author

J.P. Morgan Asset Management  is the investment arm of JPMorgan Chase & Co. and it is one of the largest active asset managers in the world.

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