2023-05-05 09:22:00
Investing.com – The strategist of JPMorgan Chase & Co. (NYSE:) said that investors are likely to prefer gold and technology stocks in the coming period, as these bets are expected to provide a safe haven from the possibility of a recession in the United States this year.
“The US banking crisis has increased demand for gold as an alternative to low real interest rates, as well as a way to hedge once morest catastrophic crisis-related scenarios,” strategists including Nikolaos Panijrtzoglou and Mika Enkinen wrote in a note.
The bank notes that long-term investing has become attractive in recent months. It would have a limited downside in a moderate recession scenario in the US, but the downside might deepen in a deeper recession.
The optimal strategy for gold trading.. speculation or investment?
Gold has been hovering near 2000 for weeks now, but how long will prices stay at these levels?
To understand the method of making profits from gold and to know the ideal method for your trading and the difference between investment and speculation, we recommend that you join the free webinar via the following link: Registration link
“The share of technology in global stocks has risen sharply this year, approaching its highest levels in 2021, which means that investors are interested in this sector,” the note added.
“Institutional investors flocked to gold, but retail investors seem to have ramped up their interest in bitcoin as well,” the investment bank continued.
The note concluded: “In credit, investors go for high-investment-grade corporate bonds, and this is because high-quality corporate bonds usually have a higher tenure of regarding 7-8 years, regarding twice as high-yield corporate bonds.”
Read also
1683359334
#Morgan #advises #invest #assets.. #catastrophic #scenario #occurs
