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☆ There's a big opportunity to see a broadening in this market rally, says JPMorgan's Tom Kennedy
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a big opportunity to see a broadening in this market rally, says JPMorgan's Tom KennedyTom Kennedy, JPMorgan Private Bank chief investment strategist, joins 'Squawk Box' to discuss the state of the economy, whether a soft landing scenario is still achievable, latest market trends, state of the labor market, and more.

Persons: JPMorgan's Tom Kennedy Tom Kennedy Organizations: JPMorgan Private Bank

☆ NASA mission captures image of surprising asteroid pair
▼ + stars: | 2023-11-03 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —When NASA’s Lucy mission flew by its first asteroid this week, its cameras captured a surprise. The Lucy spacecraft zoomed by the small asteroid Dinkinesh, located in our solar system’s main asteroid belt between the orbits of Mars and Jupiter. (Lockheed Martin is a NASA partner on the Lucy mission.) Preparing for future flybysThe data collected during the Lucy mission flyby will continue to return to Earth over the next week. There are about 7,000 Trojan asteroids, and the largest is 160 miles (257 kilometers) across.

Persons: Lucy, Hal Levison, “, ” Levison, we’ve, ”, Tom Kennedy, Lockheed Martin, ” Kennedy, Keith Noll, NASA’s, Lucy’s, NASA Lucy Organizations: CNN, Southwest Research Institute, ”, Lockheed, NASA, NASA’s Goddard Space Flight Locations: Ethiopia, Greenbelt , Maryland, Jupiter

☆ NASA sent a spaceship rocketing by an asteroid — and discovered the space rock has a little baby one dancing around it
▼ + stars: | 2023-11-03 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +2 min

NASA sent a spacecraft flying by the Dinkinesh asteroid. The agency discovered that Dinkinesh is actually a binary asteroid system. The Lucy spacecraft discovered that the larger asteroid has a baby asteroid dancing around it. But the Lucy spacecraft returned images showing that the asteroid Dinkinesh is actually a binary asteroid system, meaning there are two asteroids orbiting a common center. Lucy flew by the asteroid system at a speed of 10,000 miles per hour, NASA said.

Persons: —, Lucy, Dinkinesh, Hal Levison, we've, Tom Kennedy Organizations: NASA, Service, Southwest Research Institute, Lockheed Martin Locations: Colorado

Sixteen months after his infection, Mr. Muñoz’s lungs have recovered somewhat, but not completely. Tap to enableA 3-D visualization comparing a healthy set of lungs with Ms. Rodríguez’s lungs 14 months after her infection. Tilt your device to rotate lungs Slide to rotate lungs Slide to rotate lungsHealthy lungs are filled with millions of tiny air sacs called alveoli. Lung tissue with chronic damage shows scarred, thickened areas and collapsed sections with reduced airflow. Ms. Rodríguez has come closer to recovering, most likely helped by her youth and previous good health.

Persons: Andy Muñoz, Covid, ”, Howard Huang, It’s, Dr, Huang, Tom Kennedy, Kennedy, “, Marlene Rodríguez, Rodríguez, David Sayah, Sayah, “ She’s, ” Meridith Kohut, “ Covid, Mr, Muñoz, Meridith Kohut, ” Dr, Kennedy’s, Muñoz’s, Rodríguez’s, Melissa Raymundo, Ms, Raymundo, Gayle, Rodríguez didn’t, Vianney, José, it’s, “ We’re Organizations: New York Times, Houston Methodist Hospital, Covid, Medical Center, ”, The New York Times, USA Locations: La Porte , Texas, Houston, Atwater, Calif

☆ The chief investment strategist of JPMorgan Global Wealth explains why the worst thing investors can do right now is sit on cash — and shares 5 other high-conviction investment ideas
▼ + stars: | 2023-05-10 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +6 min

But his highest-conviction idea is that investors should rotate out of cash into fixed income. But despite these factors, risk assets are currently fully valued and fully priced into the market. While most investors have some equity exposure, they've also raised a lot of cash in the past two years. 5 other high-conviction investment ideasWithin equities, at the sector level Kennedy currently favors industrial and reasonably-priced technology stocks. Finally, Kennedy also listed China A-shares as an attractive investment, pointing to the economic reopening, a surge in consumption, supportive monetary policies, and increased exports and investment growth as catalysts.

☆ China's reopening could boost Australia's economy by 1%, JPMorgan says
▼ + stars: | 2023-01-10 | by ( Jihye Lee | ) www.cnbc.com time to read: +1 min

According to JPMorgan, a full recovery in Australia's tourism will add 0.5 percentage points to its GDP and the return of international students from China will add another 0.4 percentage points. Australia's economy could be no small beneficiary of an end to China's zero-Covid policy over the next two years, according to JPMorgan. "China's shift toward an earlier reopening raises the question of potential implications for the Australian economy," JPMorgan's chief investment strategist Tom Kennedy said in a Saturday report. "The largest potential upside from reopening itself sits within the services sector given China is the largest consumer of Australian tourism and education exports," Kennedy wrote, noting that benefits from further changes to Beijing's industrial policy would be an exception. The firm's note added that a full recovery in Australia's tourism will add 0.5 percentage points to its gross domestic product and the return of international students from China will add another 0.4 percentage points — amounting to nearly a full percentage point in the nation's economic growth.

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