It's still early to be worrying that stocks are too expensive, JPMorgan analysts say, and they...

|By:, SA News Editor
It's still early to be worrying that stocks are too expensive, JPMorgan analysts say, and they continue to favor the 'recovery trade' - being long risk assets against safer ones. Firm notes "the underlying fundamentals of growth, earnings, and credit quality are improving as fast as asset prices are."