Mar.08 — Daniel Pinto, who oversees the trading and investment-banking unit at JPMorgan Chase & Co., discusses equity markets, volatility, inflation and bitcoin. He speaks with Francine Lacqua on “Bloomberg Surveillance.”
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JPMorgan’s Pinto Sees Possible 40% Equity Correction in 2-3 Years
just buy the market, hold forever and don't make silly correction predictions. It's the best and most simple strategy no one uses.
They've been talking about correction and business cycle reset since 2012; we're in 2018 and no ominous and major correction occurred still. Let's stick to the present, but guard our own investments transitioning it into cash/gold/… until after that spoken correction. It will come, sooner than the 2-3 years (based on my personal research).
This is mario
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