“Our view is a bit contrarian”: J.P. Morgan PB sticks to China bet through mounting Middle East tension

Since geopolitical escalations began in late February, client meeting volume at J.P. Morgan Private Bank has surged. However, the tone of these conversations has shifted significantly compared to the panic during last year’s Liberation Day, according to Yuxuan Tang, the US bank’s Asia head of rates and FX strategy. “Clients are relatively calm this time around. We don’t really see…

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