watch nowIn this turbulent market, opportunities abound, according to JPMorgan's Mary Callahan Erdoes.
Stocks have been trading in a bear market this year as investors navigate inflation, Federal Reserve interest rate hikes and talk of a potential recession.
A black swan is an unexpected event that results in panicked selling, while a white swan is a predictable crisis that can be addressed.
Specifically, Erdoes sees a tremendous amount of opportunity in China, although she admits the country's complex market might not be for everyone.
On Wednesday, the Bank of England purchased U.K. bonds in an effort to calm the market chaos.