Shares of tech stocks skyrocket on global stock exchanges.

Investors are likely to pick gold and technology equities because they are predicted to offer protection against a potential US recession this year, according to analysts at JPMorgan Chase & Co.

The banking crisis increased the demand for gold.

Long-term trading is expressed through overweight gold, growing equities like those of technology companies, and currencies. The US banking crisis increased demand for gold since it was seen as a sign of lower real rates and protection from a catastrophic event, according to the strategies.

According to JPMorgan, there has been a recent trend toward long-term deals that appear to be reasonably appealing.

Such transactions would have little room for loss in a scenario of a moderate US recession, but they would have lots of room for gain in a more severe one.

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