JP Morgan strategists are still playing the recovery trade. They made a great call a few weeks back hedging their equity downside risk with an oil short. I don’t necessarily agree with all of their moves, but it’s nice to see a fully diversified strategy on Wall Street:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.