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
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »