What is the expected impact of vaccines on the global economy according to the transcript?
Cash Is Only Way to Limit Risk in Next Year, JPM’s Normand Says

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increased volatility and economic downturn
Stronger global economy with reduced volatility
No significant impact on the economy
Immediate economic recovery without any challenges
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the anticipated economic trend for 2021 after the vaccine deployment?
Stagnant growth
Declining growth
Below trend growth
Above trend growth
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How should investors approach cash holdings in their portfolios?
Hold a large cash position
Avoid cash completely
Maintain a small residual cash position
Invest all cash in government bonds
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which defensive assets are mentioned as alternatives to bonds?
Yen, Swiss franc, and gold
Oil and natural gas
Cryptocurrencies and art
Real estate and stocks
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where can investors find yield in 2021 according to the transcript?
Developed market government bonds
High yield credit and emerging markets
Real estate and commodities
Cryptocurrencies and tech stocks
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