JPMorgan Chase & Co in New York City, May 20, 2015. The appearance of the head office. (Mike Segar / Reuters)
London — US investment bank JP Morgan predicted on Wednesday that 2022 would mark the end of the coronavirus pandemic and see a full global economic recovery.
Marco Kolanovich, Chief Global Market Strategist and Co-Head of Global Research, said the U.S. S & P 500 rose nearly 8% to 5050 points, emerging market equities soared 18%, and the U.S. Treasury Department. He said he expects 10-year yields to be important. The driving force behind global borrowing costs — will rise to 2.25 percent by the end of 2022.
“In our view, 2022 will be a year of full global recovery, the pandemic will end and we will return to normal economic and market conditions before the outbreak of COVID-19,” said Koranovich. ..