Investors are being excessively pessimistic, notes J.P. Morgan Asset Management (JPMAM) following the release of its latest J.P. Morgan Investor Confidence Index (JPMICI), which fell below 100 for the first time since Q1 2009. The index for the quarterly poll last conducted in September dropped to 95 out of 200, with an over-100 score indicating positive investor sentiment. Karen Cheng, JPMAM…
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