{"id":2728,"date":"2023-08-11T17:38:54","date_gmt":"2023-08-11T09:38:54","guid":{"rendered":"https:\/\/www.taipea.org\/?p=2728"},"modified":"2023-10-06T14:08:47","modified_gmt":"2023-10-06T06:08:47","slug":"too-good-to-be-true","status":"publish","type":"post","link":"https:\/\/www.taipea.org\/too-good-to-be-true\/","title":{"rendered":"\u3010J.P.Morgan\u3011Mid-Year Investment Outlook 2023 &#8211; Too good to be true"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2728\" class=\"elementor elementor-2728\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3c07c263 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3c07c263\" data-element_type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1a2bad72\" data-id=\"1a2bad72\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-160b1153 elementor-widget elementor-widget-text-editor\" data-id=\"160b1153\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>In brief<\/p><ul><li>2023 is turning out to be a better year for economies than we had envisaged, but we still believe a recession is more likely than not. Given the rally we\u2019ve seen in both stocks and bonds since the start of the year, we\u2019re therefore more inclined to be well diversified with a focus on quality.<\/li><li>Our macro \u201cbase case\u201d on a 12-month horizon is little changed from the year ahead outlook, although elevated valuations now make it more difficult for us to argue that markets are appropriately priced for the slowdown we still see ahead.<\/li><li>Against this backdrop, we believe that investors should look to boost the resilience of equity portfolios by focusing on a combination of high-quality names, strong dividend payers and regional diversification.<\/li><li>We also think that adding exposure to alternative asset classes, such as infrastructure, could provide a more defensive stance to portfolios, while delivering some inflation protection and attractive income.<\/li><li>Finally, we believe a key theme that active investors should keep a close eye at the moment on is scarcity, with opportunities being created by the supply shortages we are currently seeing across energy, materials, food and labour markets.<\/li><\/ul>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a002d0 elementor-widget elementor-widget-button\" data-id=\"3a002d0\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"https:\/\/am.jpmorgan.com\/gb\/en\/asset-management\/per\/insights\/market-insights\/investment-outlook\/\" class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-right\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-angle-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">MORE<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>In brief 2023 is turning out to be a better year for ec [&#8230;]\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[40],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.9 (Yoast SEO v17.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u3010J.P.Morgan\u3011Mid-Year Investment Outlook 2023 - Too good to be true - TPEA-\u4e2d\u83ef\u6c11\u570b\u79c1\u52df\u80a1\u6b0a\u6295\u8cc7\u5546\u696d\u540c\u696d\u516c\u6703<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.taipea.org\/too-good-to-be-true\/\" \/>\n<meta property=\"og:locale\" content=\"zh_TW\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u3010J.P.Morgan\u3011Mid-Year Investment Outlook 2023 - Too good to be true\" \/>\n<meta property=\"og:description\" content=\"In brief 2023 is turning out to be a better year for ec [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.taipea.org\/too-good-to-be-true\/\" \/>\n<meta property=\"og:site_name\" content=\"TPEA-\u4e2d\u83ef\u6c11\u570b\u79c1\u52df\u80a1\u6b0a\u6295\u8cc7\u5546\u696d\u540c\u696d\u516c\u6703\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-11T09:38:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-06T06:08:47+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"clairechan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 \u5206\u9418\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.taipea.org\/#website\",\"url\":\"https:\/\/www.taipea.org\/\",\"name\":\"TPEA-\\u4e2d\\u83ef\\u6c11\\u570b\\u79c1\\u52df\\u80a1\\u6b0a\\u6295\\u8cc7\\u5546\\u696d\\u540c\\u696d\\u516c\\u6703\",\"description\":\"\\u9f4a\\u5fc3\\u5354\\u529b \\u5065\\u5168\\u7522\\u696d\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.taipea.org\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"zh-TW\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.taipea.org\/too-good-to-be-true\/#webpage\",\"url\":\"https:\/\/www.taipea.org\/too-good-to-be-true\/\",\"name\":\"\\u3010J.P.Morgan\\u3011Mid-Year Investment Outlook 2023 - Too good to be true - TPEA-\\u4e2d\\u83ef\\u6c11\\u570b\\u79c1\\u52df\\u80a1\\u6b0a\\u6295\\u8cc7\\u5546\\u696d\\u540c\\u696d\\u516c\\u6703\",\"isPartOf\":{\"@id\":\"https:\/\/www.taipea.org\/#website\"},\"datePublished\":\"2023-08-11T09:38:54+00:00\",\"dateModified\":\"2023-10-06T06:08:47+00:00\",\"author\":{\"@id\":\"https:\/\/www.taipea.org\/#\/schema\/person\/917ba4b5143e670b5f8ea194f206cc9b\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.taipea.org\/too-good-to-be-true\/#breadcrumb\"},\"inLanguage\":\"zh-TW\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.taipea.org\/too-good-to-be-true\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.taipea.org\/too-good-to-be-true\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\\u9996\\u9801\",\"item\":\"https:\/\/www.taipea.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"\\u3010J.P.Morgan\\u3011Mid-Year Investment Outlook 2023 &#8211; Too good to be true\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.taipea.org\/#\/schema\/person\/917ba4b5143e670b5f8ea194f206cc9b\",\"name\":\"clairechan\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.taipea.org\/#personlogo\",\"inLanguage\":\"zh-TW\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/114d9f4a9daf71959a8cf6886b79437e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/114d9f4a9daf71959a8cf6886b79437e?s=96&d=mm&r=g\",\"caption\":\"clairechan\"},\"url\":\"https:\/\/www.taipea.org\/author\/clairechan\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"\u3010J.P.Morgan\u3011Mid-Year Investment Outlook 2023 - Too good to be true - TPEA-\u4e2d\u83ef\u6c11\u570b\u79c1\u52df\u80a1\u6b0a\u6295\u8cc7\u5546\u696d\u540c\u696d\u516c\u6703","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.taipea.org\/too-good-to-be-true\/","og_locale":"zh_TW","og_type":"article","og_title":"\u3010J.P.Morgan\u3011Mid-Year Investment Outlook 2023 - Too good to be true","og_description":"In brief 2023 is turning out to be a better year for ec [...]","og_url":"https:\/\/www.taipea.org\/too-good-to-be-true\/","og_site_name":"TPEA-\u4e2d\u83ef\u6c11\u570b\u79c1\u52df\u80a1\u6b0a\u6295\u8cc7\u5546\u696d\u540c\u696d\u516c\u6703","article_published_time":"2023-08-11T09:38:54+00:00","article_modified_time":"2023-10-06T06:08:47+00:00","twitter_card":"summary_large_image","twitter_misc":{"Written by":"clairechan","Est. reading time":"1 \u5206\u9418"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/www.taipea.org\/#website","url":"https:\/\/www.taipea.org\/","name":"TPEA-\u4e2d\u83ef\u6c11\u570b\u79c1\u52df\u80a1\u6b0a\u6295\u8cc7\u5546\u696d\u540c\u696d\u516c\u6703","description":"\u9f4a\u5fc3\u5354\u529b \u5065\u5168\u7522\u696d","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.taipea.org\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"zh-TW"},{"@type":"WebPage","@id":"https:\/\/www.taipea.org\/too-good-to-be-true\/#webpage","url":"https:\/\/www.taipea.org\/too-good-to-be-true\/","name":"\u3010J.P.Morgan\u3011Mid-Year Investment Outlook 2023 - Too good to be true - TPEA-\u4e2d\u83ef\u6c11\u570b\u79c1\u52df\u80a1\u6b0a\u6295\u8cc7\u5546\u696d\u540c\u696d\u516c\u6703","isPartOf":{"@id":"https:\/\/www.taipea.org\/#website"},"datePublished":"2023-08-11T09:38:54+00:00","dateModified":"2023-10-06T06:08:47+00:00","author":{"@id":"https:\/\/www.taipea.org\/#\/schema\/person\/917ba4b5143e670b5f8ea194f206cc9b"},"breadcrumb":{"@id":"https:\/\/www.taipea.org\/too-good-to-be-true\/#breadcrumb"},"inLanguage":"zh-TW","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.taipea.org\/too-good-to-be-true\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.taipea.org\/too-good-to-be-true\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u9996\u9801","item":"https:\/\/www.taipea.org\/"},{"@type":"ListItem","position":2,"name":"\u3010J.P.Morgan\u3011Mid-Year Investment Outlook 2023 &#8211; Too good to be true"}]},{"@type":"Person","@id":"https:\/\/www.taipea.org\/#\/schema\/person\/917ba4b5143e670b5f8ea194f206cc9b","name":"clairechan","image":{"@type":"ImageObject","@id":"https:\/\/www.taipea.org\/#personlogo","inLanguage":"zh-TW","url":"https:\/\/secure.gravatar.com\/avatar\/114d9f4a9daf71959a8cf6886b79437e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/114d9f4a9daf71959a8cf6886b79437e?s=96&d=mm&r=g","caption":"clairechan"},"url":"https:\/\/www.taipea.org\/author\/clairechan\/"}]}},"_links":{"self":[{"href":"https:\/\/www.taipea.org\/api\/wp\/v2\/posts\/2728"}],"collection":[{"href":"https:\/\/www.taipea.org\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taipea.org\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taipea.org\/api\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taipea.org\/api\/wp\/v2\/comments?post=2728"}],"version-history":[{"count":15,"href":"https:\/\/www.taipea.org\/api\/wp\/v2\/posts\/2728\/revisions"}],"predecessor-version":[{"id":2974,"href":"https:\/\/www.taipea.org\/api\/wp\/v2\/posts\/2728\/revisions\/2974"}],"wp:attachment":[{"href":"https:\/\/www.taipea.org\/api\/wp\/v2\/media?parent=2728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taipea.org\/api\/wp\/v2\/categories?post=2728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taipea.org\/api\/wp\/v2\/tags?post=2728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}