JPMorgan: Late Cycle Can Bring Big Gains

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Although increased bond yields, a stronger dollar and higher oil prices are triggering caution, the article points out, tech shares continue to rally and “copper, often seen as a barometer for the global economy, is trading close to a four-year high.”

Not panicking is key, says JPMorgan. Azzarello advises investors to stay invested, taking gains where it makes sense but avoiding risk bets. “Exiting the market too early,” she warns, “may leave considerable money on the table.”

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