- JPMorgan is bullish on 2020.
- In a note, the bank’s strategists advised clients to short gold, go overweight on equities, and go underweight on bonds.
- The bank expects recession risks to subside next year, and the biggest overall risk for the year will be the 2020 election.
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JPMorgan is bullish for 2020.
The bank is advising clients to short gold via the options market, go overweight on equities, and go underweight on bonds.
On Wednesday, the bank’s strategists, led by Nikolaos Panigirtzoglou, released a note detailing the bank’s top 10 market themes for 2020.
The strategists said:
“Our risk-on read more >>>