JPM Eyes “The Biggest Bull Market Of Your Career”

0325 GMT [Dow Jones] JPMorgan Chief Asian and Emerging Markets Equity Strategist Adrian Mowat says in press briefing that with inflation low, a very powerful, synchronized policy response from governments, central banks, there’s likely to be a sustained period of above-trend growth in major economies starting in 2010; calls it “the biggest bull market of your career.” Adds in emerging markets, risk premia had been highly compressed, but with economic growth likely to be better than expected, analysts will start revising up earnings forecasts. Is Overweight cyclical markets where investors currently Underweight, such as South Korea, Taiwan, Mexico, Indonesia, Thailand; Underweight Malaysia, Eastern Europe, South Africa, Singapore, HK, Australia. Also likes tech, commodities, consumer discretionary stocks. (AJP)