JPMorgan urges investors to buy dips as stagflation fears seen overstated

AI summary

JPMorgan strategist Mislav Matejka is advising investors to stay focused on the bigger picture and view market pullbacks as opportunities, arguing that fears of a lasting stagflation shock may be exaggerated. In a recent note, Matejka acknowledged that the MSCI World index has staged what the bank called a “V-shaped rebound,” but warned that the apparent strength may be misleading.