Investing

Look past U.S. election ‘noise’, focus on medium term

0


SINGAPORE — 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’s “Street Signs Asia” on Wednesday.

“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…



Source cnbc.com

EU lawmakers write to Jeff Bezos asking if Amazon is spying on them

Previous article

Pence, Harris clash over coronavirus and taxes at vice-presidential debate

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Investing