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US bull market has more room to run, says JPMorgan

videos | Aug 24, 2018 9:28 AM IST

US bull market has more room to run, says JPMorgan

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James Glassman, senior economist at JPMorgan, spoke to CNBC-TV18 about the current trends in global markets and outlook.

James Glassman, senior economist at JPMorgan, spoke to CNBC-TV18 about the current trends in global markets and outlook.

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Glassman said that most economists are forecasting strong growth for the US economy for the next couple of years.
“We do not see much change in the picture globally,” Glassman said on Friday.
Talking about the US Federal Reserve, Glassman said, “As soon as the Fed can normalize interest rate, the more likely it is that the US expansion stays balanced and continues.”
“The most important thing for the emerging markets is to help the developed economies not run into some new inflation problem,”said Glassman.
According to him, there is no reason to think US bull run has come to an end. In fact, there is more to go in the US market bull run.
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