- Analytics
- News and Tools
- Market News
- Investors should look past U.S. election ‘noise’ and focus on medium term - JPMorgan
Investors should look past U.S. election ‘noise’ and focus on medium term - JPMorgan
CNBC reports that with uncertainty looming over the upcoming U.S. elections in November, JPMorgan Asset Management’s Patrik Schowitz says investors should look past the “noise” and focus on the medium term instead.
“On a six month view, you know, we think the cyclical view matters much, much more than … the exact noise and shenanigans around the U.S. election,” Schowitz, global multi-asset strategist at the firm, told CNBC.
“Anything longer than say two or three months, you should be positioned risk-on, you should be overweight risky assets like credit, like equities,” he said.
Still, Schowitz acknowledged that there are “a lot of risks” ahead over the next month or two, with the firm staying more balanced at present.
Commenting on the potential for more U.S. stimulus, Schowitz said: “It’ll be better to get to stimulus now, but as long as we get it early next year we think the economy will be able to get through that,” adding that households that have built a “massive amount of savings.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
