JP Morgan says "Cash is a trap"

<p>The JP Morgan analysts may be talking their book, comments from J.P. Morgan Asset Management and J.P. Morgan Global Wealth Management</p><ul><li>"Cash is a trap" </li><li>"important to take a long-term view"</li></ul><p>Recommend stocks and bonds mix:</p><ul><li>portfolio comprising 60% stocks and 40% bonds may provide an annual return of 7% over the next 10–15 years</li></ul><p>Anyway, then it gets a little more interesting, on equities:</p><ul><li>"even if U.S. margins prove resilient, returns available in other developed markets remain attractive by comparison," </li><li>"the market dominance that U.S. firms enjoyed through the 2010s faces competition from Europe and Japan in particular"</li><li>outlook for emerging-market stocks has "moderated,"</li><li>investors are "increasingly skeptical about the outlook for China and unwilling to pay high multiples"</li></ul><p>Growing Up Is Just A Trap</p>

This article was written by Eamonn Sheridan at www.forexlive.com.