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☆ Interest rate hikes by U.S. Fed unlikely to end anytime soon, says JPMorgan
▼ + stars: | 2022-11-10 | 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 EmailInterest rate hikes by U.S. Fed unlikely to end anytime soon, says JPMorganAlexander Treves of JPMorgan Asset Management says some clarity on the endpoint "would be welcome" but he doesn't think "we're anywhere near that at the moment" as inflation remains persistent.

☆ Here's how to invest to take advantage of the best outlook for long-term investors since 2010, according to JPMorgan Asset Management
▼ + stars: | 2022-11-09 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The forward outlook for investors is the best since 2010, according to JPMorgan Asset Management. This year is on pace to be the worst for stocks since 2008, but the long-term investing outlook is as promising as it's been since 2010, according to JPMorgan Asset Management (JPMAM). Both developments give long-term investors an attractive entry point. That's far lower than the 2.9% growth that the world saw from 2010 to 2020, according to JPMAM's 2021 report. How to invest for the long termInvestors should build long-term portfolios around three asset classes, according to JPMAM: stocks, bonds, and alternative assets.

☆ Why the Fed will likely cause an unnecessary recession even though rampant inflation is fading away, according to the chief global strategist for JPMorgan's investing arm
▼ + stars: | 2022-11-08 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

He sees clear signs inflation is fading and says the Fed could achieve a "soft landing." But Kelly tells Insider the Fed seems intent on more interest rate hikes instead. While inflation is the highest it's been in 40 years, Kelly says the Fed should be focused on a shorter timeframe. Last week, according to Kelly, the Fed acknowledged that its recent interest rate hikes were going to filter into the economy over time. That means that they'll remain, recession or no recession, making for a "slow growth, low inflation environment" that is supportive for stocks.

☆ Two things are driving U.S. dollar strength in the near term, says JPMorgan
▼ + stars: | 2022-11-07 | 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 EmailTwo things are driving U.S. dollar strength in the near term, says JPMorganTai Hui of JPMorgan Asset Management cites the U.S. Federal Reserve's hawkish stance and risk aversion as factors.

The latest data on jobs from the Bureau of Labor Statistics shows a still-robust labor market in the US. With inflation continuing to soar in the US, the Federal Reserve has moved aggressively to combat high prices by hiking interest rates. But on Friday, new data from the Bureau of Labor Statistics showed that the labor market continues to be strong. As Insider previously reported,the Fed's high interest rates would cause companies to slow their hiring plans, and therefore lead to smaller pay gains for workers. Looking ahead, all eyes are on the Fed's December meeting when it will announce its next round of interest rate hikes.

☆ Stability in a volatile market? Inside an S&P 500 ETF delivering double-digit percentage dividends
▼ + stars: | 2022-11-05 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +2 min

Investors may want to consider JPMorgan's Equity Premium Income Fund ETF in order to get more reliable gains in the current volatile market environment. According to the firm, the ETF uses S&P 500 options and proprietary data to generate monthly income for investors. The goal is to provide investors with income even when market uncertainty is high. The JPMorgan Equity Premium Income Fund ETF is outperforming the S&P 500 year to date. The ETF is down almost 15% while the S&P is off about 21%.

☆ The US jobs market is still going strong despite ongoing recession fears
▼ + stars: | 2022-11-04 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

October's report suggests the labor market remains robust despite ongoing recession fears. Within this industry, health care saw payrolls rise by about 53,000. Professional and business services saw an increase of 39,000. Leisure and hospitality saw an increase of 35,000, as employment in this industry still falls below its pre-pandemic level. Friday's job report follows the Fed's recent outsized increase in interest rates for the fourth time in a row. Although Americans and businesses may be worried about the likelihood of a recession, the labor market is still strong, which can be beneficial amid these fears.

☆ Fed pause may remove headwinds on growth stocks, says JPMorgan's Meera Pandit
▼ + stars: | 2022-11-03 | 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 EmailFed pause may remove headwinds on growth stocks, says JPMorgan's Meera PanditMeera Pandit, JPMorgan asset management, joins 'Closing Bell' to discuss the upcoming job report and how the Fed will react to it.

☆ Bond-based ETFs entice balance-seeking investors
▼ + stars: | 2022-11-03 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

Lake runs the JPMorgan Ultra-Short Income ETF (JPST) , which is currently the largest actively managed ETF in the world. "Investors are using JPST as a place to hide out while they wait for the market to find its footing," he said. The actively managed ETF invests primarily in a diversified portfolio of short-term, investment grade fixed-and floating-rate corporate and structured debt. "But when you're looking at a passive kind of fixed income benchmark, that's not exactly how investors really think about investing in bonds." Traders investing in bond ETFs, according to Lake, are looking for a fund that will balance a portfolio and offer yield with a low correlation to equities.

☆ The odds of a recession are extremely elevated, says JPMorgan's Gabriela Santos
▼ + stars: | 2022-11-01 | 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 odds of a recession are extremely elevated, says JPMorgan's Gabriela SantosGabriela Santos, global market strategist at JPMorgan Asset Management, joins CNBC's 'Squawk Box' to provide a market outlook ahead of the first trading day in November.

☆ Markets need to price in the extremely elevated risk of a recession before a sustainable rally can take shape, JPMorgan strategist says
▼ + stars: | 2022-11-01 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Risks of a recession are "extremely elevated" JPMorgan strategist Gabriela Santos said, warning a downturn could come mid-2023. The odds of a recession are at 50% today, compared to normal levels of 15%, she told CNBC. Santos added those risks needed to be priced into the market before a sustainable rally could take place. Though a soft landing is still possible, she put the odds of a recession at 50% today, compared to normal levels of 15%. "We would still put the odds at over the next 12 months as extremely elevated versus what's normal," Santos said on Tuesday in an interview with CNBC.

☆ The US economy came back to life this summer, but things are still likely to suck next year
▼ + stars: | 2022-10-28 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +8 min

Mike Schenk, chief economist of Credit Union National Association, said in a statement that the "healthy economic growth will not last." CEOs are pessimistic about the future and the hot labor market is coolingCEOs, for one, aren't feeling too good about the economy. "The labor market continues to be hot, even if it's cooled a little bit since the beginning of this year," Bunker told Insider. "Where we're seeing it does signal that it is sectors normalizing, rather than dramatically pulling back postings because they are concerned about short term economic growth." He noted that excess labor demand "gives you a lot of running room here before the labor market actually gets soft."

U.S. consumer spending has remained strong, rising more than expected in September, despite underlying inflation pressures continuing to bubble. "If you look at stocks and asset prices, you would probably expect the Fed to be already easing by now," Gurevich said. read moreHowever, Anita Gupta, head of equity strategy at Emirates NBD, told the forum it was "too early" to draw conclusions for other central banks from this move. "If you're going downhill and pushing your foot on the accelerator, it's going to be very hard to break," Gurevich said. "I feel it's already too late for them to stop deflation and a recessionary cycle."

☆ The US economy went back into growth mode in the third quarter of 2022, making an imminent recession less likely
▼ + stars: | 2022-10-27 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

That beats the 2.4% growth estimate. The advance estimate suggests the US economy is growing again after shrinking in the first two quarters of 2022. That comes after the US economy shrank by 0.6% and 1.6% in the second quarter and first quarter of the year respectively. We also should see a modest positive growth rate after two quarters of negative growth." Kelly said in a note that "this week's GDP report could show surprising strength, especially following two negative quarters and numerous predictions of imminent recession."

☆ The US economy went back to growing in the third quarter of 2022, making an imminent recession less likely
▼ + stars: | 2022-10-27 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

☆ Premarket stocks: Don't be fooled by a strong GDP report
▼ + stars: | 2022-10-26 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

That’s why it’s so surprising that the US economy is expected to show robust growth in Thursday’s third-quarter GDP report. Economists warn that the report could be a one-hit-wonder that overstates momentum in an economy that is actually slowing. “There is more braking power being inflicted on the US economy than will be at all apparent in the third-quarter GDP report,” wrote Kelly. Central bank officials are going to be looking at underlying metrics in the report, and will likely ignore headline numbers, said Patterson. The bottom line: The rejiggering of trade balances often falsely inflates economic growth calculations ahead of a recession.

☆ U.S. yields climb as hawkish Fed concerns outweigh weaker economic data
▼ + stars: | 2022-10-24 | by ( Davide Barbuscia | ) www.reuters.com time to read: +3 min

Speculation about a potentially more dovish Fed - despite U.S. inflation remaining hot - was visible in money markets. But they climbed back again, with the benchmark 10-year Treasury yields up at 4.229% and two-year note yields at 4.498%. On the long end, 30-year Treasury yields rose to an 11-year high of 4.359%. "If the Fed is going to be data dependent, these data points should be a focus point for them. Whether or not that actually happens, is yet to be seen," said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management.

☆ You're seeing earnings positivity reflected in stock markets right now, says Northwestern Mutual's Schutte
▼ + stars: | 2022-10-24 | 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 EmailYou're seeing earnings positivity reflected in stock markets right now, says Northwestern Mutual's SchutteBrent Schutte, Northwestern Mutual Wealth Management CIO, and Meera Pandit, JPMorgan Asset Management, join 'Squawk on the Street' to discuss Pandit's take on equity markets, how Schutte sees the markets right now and how Pandit is positioning as an investor.

☆ Robin Hood Foundation picks Goldman Sachs executive Dina Powell McCormick as new chair
▼ + stars: | 2022-10-20 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Dina Powell, former deputy U.S. national security advisor, speaks during the Saudi-U.S. CEO Forum in New York, U.S., on Tuesday, March 27, 2018. Goldman Sachs executive Dina Powell McCormick has been named chair of the Robin Hood Foundation, a nonprofit backed by Wall Street executives and other business leaders that aims to combat poverty. McCormick, who was the group's vice chair, was elevated by the board to chair on Wednesday, the foundation announced in a statement. "For 35 years, Robin Hood has been fighting to elevate New Yorkers out of poverty. Being elected chair by her peers is a powerful recognition of Dina's history of service, leadership, and commitment to our mission," Robin Hood CEO Richard R. Buery, Jr. said in a statement.

☆ The recession next year will be very unsurprising, says JPMorgan's Pandit
▼ + stars: | 2022-10-17 | 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 recession next year will be very unsurprising, says JPMorgan's PanditMeera Pandit, JPMorgan Asset Management global market strategist, joins 'Squawk Box' to discuss whether equities are in a bear market rally or have hit a turning point.

☆ PPI data shows inflation deceleration still in early days, says JPMorgan's Santos
▼ + stars: | 2022-10-12 | 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 EmailPPI data shows inflation deceleration still in early days, says JPMorgan's SantosStephanie Link, Hightower Advisors chief investment strategist, Gabriela Santos, global market strategist at JPMorgan Asset Management, and CNBC's Steve Liesman and Rick Santelli join CNBC's 'Squawk Box'

Governor of the Bank of England, Andrew Bailey, speaks during the Bank of England's financial stability report news conference, at the Bank of England, London August 4, 2022. And what they can't allow is for the bond market to be overly volatile," said Iain Stealey, CIO of fixed income at JPMorgan Asset Management. U.S. and German 30-year borrowing costs are up just 16 and 33 bps respectively , this month and the contrast highlights the scale of selling gripping Britain's bond market. The unprecedented bond market moves triggered hefty collateral calls on hedging strategies that many funds are still struggling to meet. Bond market volatility has also raised doubts about whether the BoE can press ahead with its plan to sell some of its bond holdings, a process known as quantitative tightening (QT).

☆ 'Deer in the headlights': Young bankers on Wall Street have had it easy for years — but they're about to face a bloodbath
▼ + stars: | 2022-10-09 | by ( Linette Lopez | ) www.businessinsider.com time to read: +8 min

If you can spare compassion for anyone on Wall Street during these volatile times, please consider the youth. That also meant bankers on Wall Street got fat off the huge fees that came with advising these companies or taking them public. Wall Street is an apprenticeship system; young bankers learn by watching senior bankers do things and by doing all the time-consuming grunt work senior bankers don't want to do. Many of the rules that young Wall Street just learned about how the markets react to events have to be thrown out the window. In the crowd at the conference that day were a bunch of young Wall Streeters who had been invited to attend as a learning experience.

☆ Geopolitical tensions with the U.S. could 'supercharge' China's innovation, JPMorgan says
▼ + stars: | 2022-10-07 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-reliant in crucial technology needed for electric vehicles, smartphones and more. U.S.-China tensions have pushed Beijing to be more self-sufficient, and that could be a good thing for innovators in China, according to an investment specialist at JPMorgan Asset Management. In the mid-1990s, Chinese companies were mostly mass market manufacturers of "commoditized goods," he added. "I think that the geopolitical tension you're talking about will just actually supercharge that — because China needs to do these things itself, and they will carry on with progress in that area."

☆ It's the easiest time in the world to find 'alpha', says JPMorgan's Mary Erdoes
▼ + stars: | 2022-09-28 | 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 EmailIt's the easiest time in the world to find 'alpha', says JPMorgan's Mary ErdoesMary Callahan Erdoes, JPMorgan Asset & Wealth Management CEO, speaks during CNBC's Delivering Alpha conference about investing opportunities amid fast-moving shifts in financial markets and macro economic conditions.

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