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It has ‘never been easier to make money’ on small and midcaps

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The offices of JPMorgan Chase & Co. in the Canary Wharf business and shopping district in London.

Matthew Lloyd | Bloomberg | Getty Images

With one in every five small and midcap stocks still down more than 30% since the beginning of the coronavirus crisis, it has “never been easier to make money,” according to JPMorgan‘s Global Head of Small and Midcap Equity Strategy Eduardo Lecubarri.

His comments come as economic data mostly points towards a continued recovery for the global economy in July, while governments and central banks have deployed unprecedented levels of monetary stimulus to keep markets functioning.

“For every dollar that today is managed actively in the world, there is 80…



Source cnbc.com

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