It’s time to bet on risky cyclical stocks, top JPMorgan strategist says
Traders work on the floor at the New York Stock Exchange, March 2, 2020.
Brendan McDermid | Reuters
The world economy will bounce back quickly from the coronavirus outbreak, and investors should buy into cyclical stocks to catch the comeback, a top JPMorgan strategist said.
The hit to the global economy during the first quarter will largely be made up later in the year, global asset…