Read previewHistory says US stocks' idyllic start to the year is sustainable, as does the chief global strategist at $2.9 trillion JPMorgan Asset Management.
Advertisement"The market has momentum, and so good times beget good times," Kelly told Business Insider in a recent interview.
JPMorgan Asset Management"There is a certain amount of fluff in those valuations, and I think that is somewhat dangerous," Kelly said.
JPMorgan Asset ManagementOutside equities, Kelly said investors should consider adding exposure to alternative assets like real estate and transportation.
"The overall buffet table of investment opportunities is being expanded, even for individual investors," Kelly said.
Persons:
—, David Kelly, Kelly, David Rosenberg, Jon Wolfenbarger, Rosenberg, Kelly doesn't, it's, Kelly didn't
Organizations:
Service, Asset Management, Business, JPMorgan Asset Management, Bulls, Apple, JPMorgan, Management, Companies, Nikkei, P Transportation, Trust Nasdaq Transportation
Locations:
Truist, Europe, United Kingdom, Japan