J.P. Morgan Private Bank is telling clients to buy the next sell-off, and the odds are high it’ll happen this year.
Patrick Schaffer, a global investment specialist at the firm, says a correction as deep as 14 percent would not surprise him.
“We don’t expect the markets to go up in a straight line. When we do see volatility, we would be prepared to buy those pullbacks,” Schaffer said Wednesday on CNBC’s “Trading Nation.”
