JPMorgan's Bob Michele Says ‘Enjoy the Ride’ as Risk Assets Rally | Breaking News

The chief investment officer at JPMorgan Asset Management said money managers are sitting on too much cash and should be boosting their allocations to high-yield assets after the Federal Reserve’s dovish pivot. The firm is putting its weight behind emerging markets as investors from BlackRock Inc. to Fidelity International warn of a break in the rally.

from Yahoo News - Latest News & Headlines https://yhoo.it/2Xzw0gG