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In this turbulent market, there are opportunities everywhere
In this turbulent sector, chances abound, in accordance to JPMorgan’s Mary Callahan Erdoes. Stocks have been trading in a bear sector this calendar year as buyers navigate inflation, Federal Reserve fascination amount hikes and chat of a possible recession. On Wednesday, the S&P 500 rebounded following hitting a refreshing small for the calendar year in the prior session. “Though the world is concentrated on all the black swan functions, there will be white swans that emerge,” Erdoes, CEO of JPMorgan Asset & Wealth Administration, said at CNBC’s Offering Alpha trader summit in New York City Wednesday. “Retaining your eye out for people white swans and … staying invested in these…