JPMorgan Strategist Urges Investors to Ditch Stocks and Buy Gold Amid Recession Fears

JPMorgan’s chief global markets strategist Marko Kolanovic has suggested investors reevaluate their portfolios amid global recession fears, recommending investors reduce their stock holdings and diversify into cash and gold as a precautionary measure. According to Markets Insider, Kolanovic recently expressed concerns in a memorandum regarding the buoyant rally of stocks this year, which have seen […]
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