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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree rate cuts look appropriate this year: JPMorgan's Phil CamporealePhil Camporeale, JPMorgan Asset Management portfolio manager, joins 'Money Movers' to discuss Camporeale's portfolio, which can withstand no rate cuts this year, what JPMorgan is focused on, and more.
Persons: Phil Camporeale Phil Camporeale Organizations: JPMorgan, Management
JPMorgan's Phil Camporeale: Prepare for a soft landing
  + stars: | 2024-02-15 | 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 EmailJPMorgan's Phil Camporeale: Prepare for a soft landingPhil Camporeale, JPMorgan Asset Management portfolio manager, joins 'Money Movers' to discuss the portfolio manager's constructive stance toward equities, which sectors Camporeale is overweight in, and much more.
Persons: Phil Camporeale Organizations: JPMorgan, Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan's Phil Camporeale on markets: Too many rate cuts priced in for 2024Phil Camporeale, JPMorgan Asset Management multi-asset portfolio manager, joins 'Money Movers' to discuss Wall Street's response to the latest economic data and its impact on the Federal Reserve, where the portfolio manager sees value, and more.
Persons: Phil Camporeale Organizations: JPMorgan Asset Management, Federal Reserve
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe really like U.S. high-yield right now, says JPMorgan's Phil CamporealePhil Camporeale, JPMorgan Asset Management multi-asset portfolio manager, joins 'Squawk Box' to discuss the latest market trends, the third quarter GDP data, why he's positioning for a soft landing and believes the Fed has more to risk being dovish, and more.
Persons: Phil Camporeale Phil Camporeale Organizations: JPMorgan Asset Management
"The economy is defying gravity" after third-quarter GDP approached 5%, according to JPMorgan portfolio manager Phil Camporeale. If no recession materializes, as Camporeale expects, then investors should buy high-yield bonds. AdvertisementAdvertisementThe recession everyone's been waiting for over the past 18 months isn't coming anytime soon after the release of third-quarter GDP data, according to JPMorgan portfolio manager Phil Camporeale. The US economy posted third-quarter GDP growth of 4.9%, representing its strongest quarterly growth since late 2021, and that's after multiple quarters of above-trend growth. AdvertisementAdvertisementWith a recession potentially averted, as he expects, investors should be buying high-yield bonds that are returning upwards of 9%.
Persons: Phil Camporeale, Camporeale, Organizations: Service, CNBC, Federal Reserve
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBeing underweight stocks would be a 'mistake' if a recession is avoided: JPMorgan's Phil CamporealePhil Camporeale, JPMorgan Asset Management portfolio manager and Matt McIlwain, Madrona Venture Group managing director, join 'Closing Bell Overtime' to talk the day's market action, Big Tech earnings, what to expect from the Fed at Jackson Hole and more.
Persons: Phil Camporeale Phil Camporeale, Matt McIlwain, Jackson Organizations: JPMorgan, Management, Madrona Venture Group, Big Tech, Fed
Hiccup in soft landing story Why are we hitting this string of down days? There's a hiccup in the soft landing story. That's causing a speed bump for stocks, particularly tech stocks, which are underperforming this month and this quarter. And despite poor economic news out of China, the macroeconomic environment in the U.S. remains strong and still supportive of a soft landing. At 19.2 times forward earnings, the S & P 500 is still richly valued.
Persons: Phil Camporeale Organizations: Silicon Valley Bank, Reserve, Nasdaq, Treasury, Federal Reserve Bank of, Morgan Asset Management, CNBC Locations: Silicon, China, U.S, Federal Reserve Bank of Kansas, Jackson Hole , Wyoming
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Bespoke's Paul Hickey and JPMorgan's Phil CamporealePaul Hickey, Bespoke Investment Group co-founder and Phil Camporeale, JPMorgan Asset Management portfolio manager, join 'Closing Bell Overtime' to talk the day's market action, the Federal Reserve's next moves, individual sector performance and more.
Persons: Bespoke's Paul Hickey, JPMorgan's Phil Camporeale Paul Hickey, Phil Camporeale Organizations: Investment Group, JPMorgan, Management, Federal
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're pretty confident the market will be higher by the end of the year, says Bespoke's Paul HickeyPaul Hickey, Bespoke Investment Group co-founder and Phil Camporeale, JPMorgan Asset Management portfolio manager, join 'Closing Bell Overtime' to talk the day's market action, the Federal Reserve's next moves, individual sector performance and more.
Persons: Bespoke's Paul Hickey Paul Hickey, Phil Camporeale Organizations: Investment Group, JPMorgan, Management, Federal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRecession probability now at 25 percent for US economy, says JPMorgan's CamporealePhil Camporeale, JPMorgan Asset Management portfolio manager, joins 'Squawk on the Street' to discuss Camporeale's thoughts on the economy in the second half, what a balanced portfolio looks like this year, and why Camporeale's overall neutral stance towards the markets.
Persons: JPMorgan's, Phil Camporeale Organizations: JPMorgan, Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with JPMorgan's Phil Camporeale on whether US can avoid recessionPhil Camporeale, JPMorgan Asset Management portfolio manager, joins 'Squawk on the Street' to discuss Camporeale's thoughts on the economy in the second half, what a balanced portfolio looks like this year, and why Camporeale's overall neutral stance towards the markets.
Persons: JPMorgan's Phil Camporeale, Phil Camporeale Organizations: JPMorgan, Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed will pause rate hikes in June but won't start easing this year, says JPMorgan's Phil CamporealePhil Camporeale, JPMorgan Asset Management portfolio manager, joins 'Squawk on the Street' to discuss the Fed's rate hike campaign, what it means for the market outlook, and more.
Persons: Phil Camporeale Phil Camporeale Organizations: JPMorgan, Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed will ease off on interest rates because of slowing inflation, says JPM's CamporealePhil Camporeale, J.P. Morgan Asset Management, joins 'Squawk on the Street' to discuss Camporeale's expectations for a soft landing, whether Camporeale is sure the Federal Reserve is done raising rates and where there's a lot of good risk-vs.-reward opportunities.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe uncertainty is really high right now, says JPMorgan's CamporealePhil Camporeale of JPMorgan and Victoria Greene of G Squared Private Wealth join 'Closing Bell: Overtime' to discuss a choppy day on the markets, which ended in the green today.
Investors shouldn't pile into stocks yet — but should be ready to jump in, a JPMorgan strategist said. "We think they're close to wrapping it up, thank goodness," Phil Camporeale told CNBC Wednesday. Camporeale told CNBC's "Closing Bell" on Wednesday. But the bank is readying itself for any potential Fed-fueled rally by snapping up call options on some S&P 500 stocks, Camporeale said. "Right now we're long some calls on the S&P," Camporeale told CNBC.
The Fed is close to pausing, says JPMorgan's Phil Camporeale
  + stars: | 2023-01-11 | 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 EmailThe Fed is close to pausing, says JPMorgan's Phil CamporealePhil Camporeale, JPMorgan Asset Management portfolio manager, joins 'Closing Bell' to discuss his positioning in the market and his belief that the Fed will soon pause rate hikes.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with JPMorgan Asset Management's Phil CamporealePhil Camporeale, JPMorgan Asset Management portfolio manager, joins 'Closing Bell' to discuss his positioning in the market with his belief that the Fed will pause soon.
Portfolio manager Phil Camporeale of JPMorgan Asset Management sees a recession coming. One of the ugliest years on record for stocks and bonds has been unforgiving for the $3.4 billion JPMorgan Global Allocation Fund (GAOSX) that Camporeale co-manages. Risk-on bets stemmed from a belief that foreign stocks would roar back as the global economy reopened and interest rates rose. Heading into 2023, the global economy is on the brink of a recession and inflation remains an issue. What to expect in 2023 — and where to investInvestors should count on a mild recession next year as growth weakens while interest rates spike, Camporeale said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis is the worst fixed-income year in the history of bonds, says JP Morgan's Phil CamporealeLiz Ann Sonders, Charles Schwab chief investment strategist, and Phil Camporeale, JPMorgan Asset Management portfolio manager, join 'Squawk on the Street' to discuss assessing the terminal rate, fixed income versus equities, and financial conditions in 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Charles Schwab's Liz Ann Sonders and JP Morgan's Phil CamporealeLiz Ann Sonders, Charles Schwab chief investment strategist, and Phil Camporeale, JPMorgan Asset Management portfolio manager, join 'Squawk on the Street' to discuss assessing the terminal rate, fixed income versus equities, and financial conditions in 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnd-of-year price target likely has to be revisited, says Oppenheimer's John StoltzfusJ.P. Morgan Asset Management's Phil Camporeale and Oppenheimer Asset Management's John Stoltzfus, join 'Squawk on the Street' to discuss businesses working under adversity, expectations for further market dips, and the outlook for earnings season.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Allspring's Ann Miletti and JPMorgan's Phil CamporealeAnn Miletti, Allspring Global Investments head of active equity, and Phil Camporeale, JPMorgan Asset Management portfolio manager, join 'Squawk on the Street' to discuss whether inflation has peaked, where Miletti is looking for investment deals, and which assets Camporeale is considering investing in.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're positioning defensively because we don't know where Fed is going, says JPMorgan's CamporealeAnn Miletti, Allspring Global Investments head of active equity, and Phil Camporeale, JPMorgan Asset Management portfolio manager, join 'Squawk on the Street' to discuss whether inflation has peaked, where Miletti is looking for investment deals, and which assets Camporeale is considering investing in.
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