There are three scenarios that can be considered in the current economic atmosphere: the bull case, the bear case, and the base case. Different portfolios can be constructed accordingly to achieve desirable returns while limiting risk exposure. Here are some investment suggestions JPMorgan has outlined for those three cases.
Bull Case
A mix of cyclicals and commodities would be included among the overweights. Consider such as $Financial Select Sector SPDR Fund (XLF.US)$, ...