JPMorgan says Investors should prepare for a risk-on rally this spring23 Feb 2022 15:40
Investors should ignore dire stock market predictions and prepare for a risk-on rally this spring, JPMorgan says.
With the S&P 500 down 10% from its record high amid a tightening
Federal Reserve
and rising geopolitical tensions, there has been an influx of bearish stock market projections.
But JPMorgan is telling investors to ignore the dire outlooks and instead prepare for a risk-on rally in stocks sometime this Spring, according to a Monday note.
"We believe one should look through the widespread 'slowdown' calls that are currently in vogue, and stay bullish on banks, mining, energy, insurance, autos, travel and telecoms," JPMorgan's Mislav Matejka said.
https://markets.businessinsider.com/news/stocks/stock-market-outlook-bearish-predictions-risk-on-rally-spring-jpmorgan-2022-2