Investors are in the midst of "the best risk-reward" situation of the past two years, Mike Wilson said in an interview on Thursday. Stocks on Wednesday posted their first back-to-back gains since mid-February, suggesting a month of dead-cat bounces and steep declines could be changing course.
"The market has been expecting a recession at some point," the investment chief said. "Bear markets tend to end with a recession, so we think the bear market is ending."Don't know when to get back into stocks? JPMorgan shares 3 timing tools for reentry into a coronavirus-ravaged market — including one that's screaming 'buy' right now
Belgique Dernières Nouvelles, Belgique Actualités
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