Despite claims of being smarter than the index funds, the $98 billion allocation looks a lot like the S&P 500, only with a few added index funds.
The firm says the virus would hit U.S. economic growth by up to 0.5 percentage points in the first quarter, but the drag would be recouped fast.
For decades, Warren Buffett has been the king of investing. But the strategy that made him the third-richest man on the planet is dead.
But when analyzing portfolio allocation he always has one simple question at the top of his mind: Do we see a recession coming?
Following dire market forecasts tends to cost investors bucketloads of money, but the appetite for pessimism porn is vast. JPMorgan figured it out.