JPMorgan Asset Buys Defensive Stocks as Asian Cycle Quickens
Technicians work on an unconnected transmission tower. (Photographer: Dhiraj Singh/Bloomberg)

JPMorgan Asset Buys Defensive Stocks as Asian Cycle Quickens

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(Bloomberg) -- U.S. tax cuts and a deteriorating trade backdrop risk speeding up the valuation cycle in Asian equities, and are prompting J.P. Morgan Asset Management Ltd. to buy more defensive sto...
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