Bloomberg report on JPM cranking up the risk level, including:
- Shift away from gold
- Buy a basket of U.S. stocks sensitive to China and trade
Lift credit to neutral from underweight
JPM citing:
- decisive dovish shift, to the extent it is sustained, is removing some of the headwinds that caused the 2018 market rout
- more optimistic view on U.S.-China trade negotiations
- possibility that the lagged effects from previous stimulus combined with new stimulus measures will make China look better
here is the link to Bloomberg
