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Vaccination effort will dictate recovery; overweight equities: J.P. Morgan AM

Army Spc. Angel Laureano holds a vial of the COVID-19 vaccine, Walter Reed National Military Medical Center, Bethesda, Md., Dec. 14, 2020. (DoD photo by Lisa Ferdinando)

The key risks for investors remain the uneven pace of vaccinations and economic re-openings, with the US and China ahead, both in virus containment and in vaccination deployment, according to J.P. Morgan Asset Management. In terms of asset allocation, it prefers equities over fixed income. While the economy is still in a recovery mode, the focus of investors is on…

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