JP MORGAN SAYS EQUITIES ARE GOING UP

According to Dr. David Kelly, of JP Morgan Asset Management, productivity in the United States, and worldwide,  has been nearly stagnant for the past decade due to the lack of investment spending.

Productivity has been helped to some degree because of a generally aging workforce and better education, says Kelly. Unless productivity improves, economic growth will remain slow.

Pres. Trump has committed to boost the economy and, by lowering the capital gains and the corporate tax, increase capital investment. According to the metrics of growth, this would lead to greater productivity, a reduction in the unemployment rate and the number of people who are out of the job market, and probably produce multiplier effect and the growth of the economy. This, in turn, would boost portfolio returns and create more interest in the equity markets.

It is very possible that now is the best time in decades to go public, whether by IPO or reverse merger.