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Positive On US, Europe Growth: JPMorgan Funds

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September 10: Tai Hui, Chief Market Strategist Asia at JPMorgan Funds, says the Federal Reserve will likely announce quantitative easing tapering in next week’s meeting with an initial reduction to $75 billion. Developed markets will likely lead in the short term, he says, adding that they have a better risk-return ratio than emerging markets. “However, one should not avoid EMs as a whole but be selective instead,” he says.