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☆ The highest-paying college majors, top jobs in 2023 and who’s hiring right now
▼ + stars: | 2023-02-23 | by ( Cindy Perman | ) www.cnbc.com time to read: +9 min

Tech jobs are still hotOnce again, if you just followed the headlines (layoffs at Amazon, Google, Meta, Microsoft, etc.) Jobs in the sector ranked among the Best Jobs for 2023, according to job site Indeed.com: Full-stack developer Data engineer Cloud engineer Senior product manager Back-end developer Almost half, 44%, of the top 25 jobs on that list were tech jobs. "I'm sure there are plenty of unfilled positions for tech workers in financial services or state and local governments. Tech workers laid off by tech companies may end up there." *MINDBLOWN*), plus jobs where you're a top applicant and some jobs that you might have missed.

☆ Watch CNBC's full interview with Sanctuary Wealth's Mary Ann Bartels and JPMorgan's Jack Caffrey
▼ + stars: | 2023-02-22 | 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 EmailWatch CNBC's full interview with Sanctuary Wealth's Mary Ann Bartels and JPMorgan's Jack CaffreyJack Caffrey, JPMorgan Asset Management equity portfolio manager, and Mary Ann Bartels, Sanctuary Wealth chief investment strategist, join 'Squawk Box' to discuss Bartels' thoughts on equities, how to value stocks in 2023, and whether there were storm clouds in Home Depot's earnings report.

☆ Asia equities fall on fear of hawkish central bank hikes
▼ + stars: | 2023-02-22 | by ( Selena Li | ) www.reuters.com time to read: +2 min

"It concerns the market that central banks will have to hike rates a lot more to curb inflation," said Kerry Craig, JPMorgan Asset Management's global market strategist. New Zealand's central bank raised interest rates by 50 basis points to a more than 14-year high of 4.75% on Wednesday. read moreThe central bank said it expected to keep tightening further to ensure inflation returned to its target range over the medium term. Japan's Nikkei share index (.N225) fell 1.25% on Wednesday following a Tuesday PMI report showing the factory sector had contracted. The dollar index fell 0.077%, but analyst expect interest rate rises to lift the dollar, hurting emerging market equities, which benefited from a falling dollar.

☆ Stock market won't retest October lows, says Sanctuary Wealth's Mary Ann Bartels
▼ + stars: | 2023-02-22 | 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 EmailStock market won't retest October lows, says Sanctuary Wealth's Mary Ann BartelsJack Caffrey, JPMorgan Asset Management equity portfolio manager, and Mary Ann Bartels, Sanctuary Wealth chief investment strategist, joins 'Squawk Box' to discuss Bartels thoughts on equities, how to value stocks in 2023, and whether there were storm clouds in Home Depot's earnings report.

☆ Covid's 'legacy of weirdness': Layoffs spread, but some employers can't hire fast enough
▼ + stars: | 2023-02-20 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

A sign for hire is posted on the window of a Chipotle restaurant in New York, April 29, 2022. This points to a labor market that's still tight, particularly in service sectors that were hit hard earlier in the pandemic, such as restaurants and hotels. Consumer spending has remained robust and surprised some economists, despite headwinds such as higher interest rates and persistent inflation. "There's a difference between saying the labor market is tight and the labor market is strong," Kelly said. With interest rates rising and inflation staying elevated, consumers could pull back spending and spark job losses or reduce hiring needs in otherwise thriving sectors.

☆ Optimism about stocks is still too high as the US economy is showing 'the overheat before the retreat', JPMorgan strategist says
▼ + stars: | 2023-02-17 | by ( Zinya Salfiti | ) www.businessinsider.com time to read: +2 min

Investors are still too optimistic about the outlook for stocks, JP Morgan Asset Management's Meera Pandit told CNBC. The market's reacting to strong economic data, but that's 'probably the overheat before the retreat,' she said. "Right now it's reacting to very strong economic data, overshoot on jobs, CPI, PPI retail sales, industrial production, but I would say that this is probably the overheat before the retreat in the economy," Pandit told CNBC on Thursday. US labor-market data has remained strong in recent months and inflation fell in January to 6.4% — the lowest level in over a year. That's stoked some investor optimism that the central bank may be able to bring inflation down without tipping the economy into a recession.

☆ Watch CNBC's full interview with JPMorgan's Meera Pandit
▼ + stars: | 2023-02-16 | 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 EmailWatch CNBC's full interview with JPMorgan's Meera PanditJPMorgan Asset Management's Meera Pandit joins 'Closing Bell: Overtime' to discuss why she sees red flags ahead for stocks and believes the U.S. is headed for a recession.

☆ The stock market is a little too optimistic about where we go from here, says JPM's Meera Pandit
▼ + stars: | 2023-02-16 | 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 stock market is a little too optimistic about where we go from here, says JPM's Meera PanditJPMorgan Asset Management's Meera Pandit joins 'Closing Bell: Overtime' to discuss why she sees red flags ahead for stocks and believes the U.S. is headed for a recession.

☆ Bond ETFs are bouncing back this year. Here’s why
▼ + stars: | 2023-02-15 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +4 min

After a dismal 2022 for fixed income funds, bonds are steadily regaining steam in the new year thanks in part to an inverted yield curve. "There's now income within the fixed income ETFs that are available," Todd Rosenbluth, head of research at VettaFi, told Mike Santoli on CNBC's "ETF Edge" on Monday. We've seen high-yield fixed income ETFs see inflows this year, as well as some of the safer products." Given the inverted shape of the yield curve, JPMorgan Ultra-Short Income ETF (JPST) offers a portfolio comprised of short-term, investment-grade bonds. "It's really too early to declare and wave a victory flag with regard to the soft landing," Schneider said in the same segment on Monday.

☆ The US economy needs immigrants. A rising share of both Democrats and Republicans don't want them.
▼ + stars: | 2023-02-14 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

But a growing share of both Democrats and Republicans wants less immigration. This sentiment could be in response to the rise of migrants at the southern border in recent years. But a rising share of both Democrats and Republicans want the country to reduce immigration. After plummeting during 2020 due to the pandemic, the US Border Patrol reported a record-high nearly 1.7 million encounters with migrants at the US-Mexico border in 2021. Last year, a new record was set with over 2 million encounters.

☆ US stocks end mixed after volatile session as indexes notch weekly losses
▼ + stars: | 2023-02-10 | by ( Brian Evans | ) www.businessinsider.com time to read: +1 min

US stocks closed mixed on Friday after a volatile trading session amid weak earnings reports. The S&P 500 suffered its first weekly loss in three weeks and notched its worst one-week decline since December. But the Nasdaq led the weekly sell-off with a drop of more than 2%. The S&P 500 suffered its first weekly loss in three weeks and notched its worst one-week decline since December. Trading on Friday began in the red amid some weak earnings reports.

☆ Global investors losing appetite for Chinese government bonds
▼ + stars: | 2023-02-10 | by ( Summer Zhen | ) www.reuters.com time to read: +4 min

Signs of a peak in developed market rates are another reason why China's bonds, yielding roughly 3% on 10-year investments, are less appealing, given the potential greater capital gains elsewhere. "If investors are saying that I want to trade the China recovery, the answer is not Chinese government bonds (CGBs). "China bonds served as a very good type of diversifier, in particular over the past 3 years," said Pang. But as global rates hit a peak, it made sense to plough limited cash into better yielding markets, he said. ($1 = 6.7969 Chinese yuan renminbi)Reporting by Summer Zhen Additional reporting by Rae Wee in Singapore Editing by Vidya Ranganathan and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

☆ Commercial real estate's biggest investors are spending hundreds of millions of dollars on the grittiest land in America. Here's why.
▼ + stars: | 2023-02-09 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +11 min

Big commercial-real-estate players from Brookfield to Fortress are snapping up industrial land. Brookfield is one of several big-name investors that are paying increasing attention to lowly industrial land. Industrial land also generally has lower operating costs and taxes compared to other real estate. It's hard to find big enough portfolios of industrial landThere are challenges, too, in breaking into the business of owning industrial land. Atkins said he has been impressed by the robustness of the IOS market, even with fears about the broader economy.

☆ Meet a woman who regrets quitting her job in July because the job search has gotten 'bleak'
▼ + stars: | 2023-02-08 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

According to Joblist's second quarter of 2022 report, 26% of "job seekers who quit their previous job" regret the move. Kristen is still hoping things will work out and that she will land a job soon, but is feeling some regrets. I wish I would've not quit my first job," Kristen said. "I wish so many different things would've fallen into place. But, at the end of the day, I can't wish things away."

U.S. and European equity markets were mixed to lower, with the euro and pound lower against the dollar. The broad pan-European STOXX 600 index (.STOXX) was up 0.04% and MSCI's gauge of global stock performance (.MIWD00000PUS) shed 0.12%. "What's been really important is that the market sees a lower likelihood of rate cuts by the end of the year." Asian stocks stabilized overnight after they, like most global share markets, suffered steep losses following that U.S jobs data. "Sentiment in markets is dominated by central banks and the repricing of rates yet again," Kerry Craig, JPMorgan Asset Management's global market strategist, said.

☆ Sell-off fizzles out ahead of Fed, ECB and BoE speeches
▼ + stars: | 2023-02-07 | by ( Marc Jones | ) www.reuters.com time to read: +4 min

[1/2] The Federal Reserve building is seen in Washington, U.S., January 26, 2022. Then comes Federal Reserve Chairman Jerome Powell at the Economic Club of Washington during U.S. trading plus U.S. President Joe Biden's State of the Union address. DEADLY QUAKEAmong the main commodities, oil jumped for a second straight session driven by optimism about recovering demand in China, and after Monday's devastating earthquake in Turkey had shut down one of the region's major oil export terminals. "Equities have had a strong run since the start of the year so seeing an air pocket emerge now is no major surprise." Additional reporting by Scoot Murdoch in Sydney; Editing by Simon Cameron-Moore and Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

☆ Asia stocks steady, dollar firm as investors consider higher rate outlook
▼ + stars: | 2023-02-07 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +4 min

Australia's S&P/ASX200 (.AXJO) was trading higher ahead of the Reserve Bank's decision but slid into negative territory after the official cash rate was raised by 25 basis points. Hong Kong's Hang Seng Index (.HSI) was trading 0.67% higher and China's bluechip CSI300 Index (.CSI300) was up 0.07%. The two-year yield , which rises with traders' expectations of higher Fed fund rates, touched 4.4267% compared with a U.S. close of 4.456%. The repricing of higher rates began after strong U.S jobs growth in January, with employment rising 517,000, more than double economists expectations. The dollar index , which tracks the greenback against a basket of major trading partner currencies, was down marginally at 103.45 from its U.S. trading levels.

☆ Asia stocks steady, dollar strong as markets reassess rates outlook
▼ + stars: | 2023-02-07 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +3 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) bounced slightly 0.4%, after U.S. stocks ended the previous session with mild losses. Hong Kong's Hang Seng Index (.HSI) opened up 0.68% and China's bluechip CSI300 Index (.CSI300) was 0.3% higher in early trade. The repricing of higher rates began after strong U.S jobs growth in January, with employment rising 517,000, more than double economists expectations. The dollar index , which tracks the greenback against a basket of major trading partner currencies, was down marginally at 103.47 from its U.S. trading levels. Gold was slightly higher.

Feb 7 (Reuters) - Emerging market bond and equity funds received heavy inflows in January after a dry patch last year, aided by China's reopening and softening inflation pressures worldwide. According to Refinitiv Lipper data, which covers over 33,700 emerging market (EM) funds, EM equity funds received $13.2 billion, and EM bond funds obtained $11.36 billion in January. Fund flows: EM equities and bondsIn 2022, EM bond funds faced a combined net outflow of $26.26 billion. In January, the iShares Core MSCI Emerging Markets ETF and iShares JPMorgan USD Emerging Markets Bond ETF received $3.2 billion and $2.4 billion, respectively, while iShares MSCI Emerging Markets ETF and BlackRock Emerging Markets Fund; Inst obtained over $1 billion each. Initial euphoria over China's reopening has fizzled out and EM assets have seen slight declines in February.

☆ Markets may be taking the wrong read from January's shocking jobs report
▼ + stars: | 2023-02-06 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

"The resounding strength of January employment report does not change our view of the labor market. Significant imbalances remain in the labor market due to too much excess demand and limited labor market slack," added Michael Gapen, chief U.S. economist at Bank of America. That's because they see the jobs report gain of 517,000 as a potential impetus to push the Fed into more aggressive interest rate hikes. He thinks future months will show a slowing labor market that will force the Fed into halting its hikes. "From a data-dependency perspective, the strength of the labor market suggests there might be need to continue to raise interest rates."

☆ 8 investments to make now as the Federal Reserve risks a recession by going 'way overboard' in raising interest rates, according to 7 top economists and strategists
▼ + stars: | 2023-02-02 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Since March, Rosenberg has warned that by trying to crush inflation, the Fed would inadvertently kill the economy as well. "I think that the odds now are that it's going to be more severe than people think because the Fed has gone way overboard," Rosenberg said of a recession. The contrarian view: With inflation falling, a recession is no guaranteeHowever, not every strategist thinks that a recession is a sure thing. But what I think we can see is the Federal Reserve is overdoing it and eventually, the Fed will have to cut rates." Fittingly, Parker's bets are contingent on his view that the US economy won't suffer from a severe recession.

☆ J.P. Morgan Asset Management Adds $500 Million of Southern Timberland
▼ + stars: | 2023-02-01 | by ( Ryan Dezember | ) www.wsj.com time to read: 1 min

Loblolly pine, grown across the South to make lumber and pulp for paper and boxboard, is the dominant species on the acquired properties, such as this one in Oklahoma. J.P. Morgan Asset Management’s timber-investing arm has acquired about 250,000 acres in the Southern pine belt for more than $500 million, Wall Street’s latest big woodlands purchase made with an eye toward carbon markets. The wealth manager said its Campbell Global unit, which invests on behalf of pension funds, foundations and other institutional investors, will manage the commercial forests in Mississippi, Oklahoma and Arkansas for wood production as well as carbon capture.

☆ Dow falls more than 300 points after Fed raises rates, sees 'ongoing' hikes
▼ + stars: | 2023-02-01 | 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 EmailDow falls more than 300 points after Fed raises rates, sees 'ongoing' hikesDavid Kelly of JPMorgan asset management, Jim Caron of Morgan Stanley Investment Management, and Cameron Dawson of NewEdge Wealth join 'The Exchange' to discuss the latest Fed rate decision.

☆ Wait until age 70 to claim Social Security: 'The return on being patient is huge,' says economist
▼ + stars: | 2023-02-01 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

"The return on being patient is huge with Social Security," Kotlikoff said. Why it pays to wait to claim Social SecurityEligibility for Social Security retirement benefits starts at age 62 for workers who have earned 40 credits, or 10 years of qualifying work. Those contributions count toward the Social Security retirement benefits workers may claim later in life. For each year delayed past full retirement age, 8% is added to Social Security benefits. The return for waiting to claim Social Security benefits may also beat stock market returns, which are highly risky, Kotlikoff noted.

☆ We expect Brent oil prices to be between $85 and $95 a barrel this year, says JPMorgan
▼ + stars: | 2023-01-30 | 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 EmailWe expect Brent oil prices to be between $85 and $95 a barrel this year, says JPMorganKerry Craig of JPMorgan Asset Management says unless China's economy sees "an absolute surge in growth," oil prices are unlikely to hit over $100 a barrel this year.

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