JPMorgan says investors should be more selective in the second half as markets are showing a 'slight fatigue'
FILE PHOTO: Traders work on the floor of the New York Stock Exchange as the building prepares to close indefinitely due to the coronavirus disease outbreak in New YorkInvestors should be more selective over the next six months as some assets will outperform others, JPMorgan said in a recent note.
The bank advised betting on COVID-19 "endgame winners" such as tech, communications, and healthcare as opposed to all cyclical or defensive stocks.Investors should be more discerning over the next six months as markets are showing a "slight fatigue," JPMorgan strategists said in a note dated June 19.
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