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JPMorgan advises shorting gold
JPMorgan Top 2020 Trades Say Short Gold, Buy Raft of Stocks
By Joanna Ossinger
Bloomberg News
Thursday, December 12, 2019
JPMorgan Chase & Co. is recommending a risk-on investment allocation for 2020 as the global economy gathers momentum in the wake of the slowdown of recent months.
Stocks are a common theme across the Wall Street giant's top trades, including bets on Japanese banks, German equities, and emerging markets, a note by strategists including Nikolaos Panigirtzoglou, Marko Kolanovic and John Normand showed Wednesday. The firm maintains an underweight position in bonds, particularly in high-grade corporate credit, and advised betting on gold to slide. ...
... For the remainder of the report:
https://www.bloomberg.com/news/articles/2019-12-12/jpmorgan-s-top-2020-t...
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