JPMorgan Says Stocks Buoyed by Prospect of Public, Private Spending

Karen Ward, JPMorgan Asset Management’s EMEA chief market strategist, says that investors are looking beyond the current geopolitical uncertainty to the investment opportunities resulting from increased public and private spending. “The more chaotic the world becomes, the more that’s creating spending,” Ward tells Bloomberg Television. “I think that’s really what markets are focused on. Whatever happens in the next month or two, there’s a much bigger theme that’s at play,” she adds. (Source: Bloomberg)