JPMorgan
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC, US, on Wednesday, March 12, 2025. Al Drago | Bloomberg | Getty Images Wall Street titan Jamie Dimon said Thursday that a recession is still a serious possibility for the United States, even after the […]
(Reuters) – JPMorgan upgraded Mexican equities to “overweight” from “neutral” on the back of strong U.S. growth, but cut Brazilian equities citing slower growth in China amid emerging pressures from President-elect Donald Trump’s tariff policy. “Good US growth continues to support Mexican consumers through remittances, at the same time that a weaker MXN increases the […]
But Wang said this might not be the case in 2024 as the U.S. dollar is expected to benefit from forecasts shifting to a soft landing for the U.S. economy rather than a recession. “The dollar probably could remain somewhat resilient,” Wang told CNBC’s Squawk Box Asia on Wednesday. It will be the U.S. presidential […]
The dominance of the 10 biggest stocks in US equity markets is increasingly drawing similarities with the dot-com bubble, raising the risk of a selloff, according to JPMorgan Chase & Co. quantitative strategists. The share of the top ten stocks on the MSCI USA Index, including all of the so-called Magnificent Seven tech stocks, has […]
The nation’s largest banks are churning out profits as interest rates remain high, even though the lenders have had to set aside billions of dollars to replenish a deposit insurance fund that was heavily depleted by a crisis among midsize banks last spring. Profits for the fourth quarter of 2023 reported on Friday by JPMorgan […]
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