U.S. economy prospects intact despite growth scare: JPM Private Bank
Portfolio Pulse from
Alex Wolf from JPMorgan Private Bank believes the U.S. economy remains resilient, despite recent growth concerns and potential tariff impacts. He sees attractive investment opportunities in Japan and China, and recommends gold as a strategic diversification asset with potential upside.
March 18, 2025 | 2:15 pm
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JPMorgan's Alex Wolf views gold as an attractive diversifier with more potential gains, suggesting positive sentiment for gold-backed ETFs.
Wolf's positive stance on gold as a preferred diversifier indicates potential price appreciation for gold-related assets like GLD ETF.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 70