JPM’s Normand Sees Credit as Safer Way Back Into Markets

The transcript discusses investment strategies during a market downturn, emphasizing the importance of timing when buying equities. It suggests prioritizing high-grade credit markets over equities due to their relative safety and existing backstops. The discussion includes a hierarchy of investments, starting with high-quality credit, followed by equities, and finally emerging markets. The transcript highlights the need for a strategic approach to investing, considering the erratic nature of markets and the lack of direct bank support for equities.

What are the implications of the infection rates slowing down for investment strategies?

In what way does the speaker suggest approaching the equity market during uncertain times?