CNBC reports that with uncertainty looming over the upcoming U.S. elections in November, JPMorgan Asset Management’s Patrik Schowitz says investors should look past the “noise” and focus on the medium term instead.

“On a six month view, you know, we think the cyclical view matters much, much more than … the exact noise and shenanigans around the U.S. election,” Schowitz, global multi-asset strategist at the firm, told CNBC.

“Anything longer than say two or three months, you should be positioned risk-on, you should be overweight risky assets like credit, like equities,” he said.

Still, Schowitz acknowledged that there are “a lot of risks” ahead over the next month or two, with the firm staying more balanced at present. 

Commenting on the potential for more U.S. stimulus, Schowitz said: “It’ll be better to get to stimulus now, but as long as we get it early next year we think the economy will be able to get through that,” adding that households that have built a “massive amount of savings.”