JP Morgan: What Currencies to Buy if Recession is Nearing
August 22, 2018 at 06:45 AM EDT
If a U.S. recession is in the offing, analysts from JPMorgan Chase say it’s time to own Swiss francs, Singapore dollars, U.S. dollars or Japanese yen. This according to a recent Bloomberg article. The analysts, who used currency performance data from the last five recessions, said, “Recessions are...