From taking profit in bonds to being wary of too much equity risk, firms including Citigroup Inc. and JPMorgan Chase & Co. are among those that have moved to adjust their views even as risk appetite remains resilient despite the increasing death toll and number of infected people.
SYDNEY: The rapid spread of the coronavirus is prompting strategists to tweak their calls across major asset classes as investors continue to assess its impact on the global economy.
From taking profit in bonds to being wary of too much equity risk, firms including Citigroup Inc. and JPMorgan Chase & Co. are among those that have moved to adjust their views even as risk appetite remains resilient despite the increasing death toll and number of infected people.
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