Disinflation, signaled rate cuts by the Fed, stocks hitting new highs and bonds are rallying – the outlook for investors in US assets look bright. However, risks remain, from elections to geopolitics, points out J.P. Morgan Wealth Management, and suggests investors five actions they can take now.

Continue to move out of cash: “Times are changing. Cash has played a noble role in portfolios over the last two years and is a necessary part of any lifestyle,” says Madison Faller, Global Investment Strategist at J.P. Morgan Wealth Management. “We believe better opportunities exist today, especially for long-term investors”.

Embrace equity exposure: With the economy at its healthiest in decades, the upside trend for US equity looks poised to continue.

Lean into credit opportunities: “We think investors can pick-up even greater yields by going out on the credit risk spectrum – building in both strong income potential as well as protection in the event of a downturn,” opines Faller.

Position for the AI revolution: While the use cases for AI span almost every industry, it remains to be seen, who will win the race and if the future winners already exist.

Lastly, J.P. Morgan advises to add armor to your portfolio.

Read the full insight here.