DIRS.INFO The most relevant business & tech news

☆ This is the worst fixed-income year in the history of bonds, says JP Morgan's Phil Camporeale
▼ + stars: | 2022-11-22 | 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 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.

☆ Watch CNBC's full interview with Charles Schwab's Liz Ann Sonders and JP Morgan's Phil Camporeale
▼ + stars: | 2022-11-22 | 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 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.

☆ Stocks could fall by up to 10% in the short term and the big question facing investors in 2023 is how bad earnings will be, says JPMorgan strategist
▼ + stars: | 2022-11-21 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Stocks look vulnerable to a short-term decline of up to 10%, a JPMorgan Asset Management strategist told Bloomberg. I don't really think it has legs," said global market strategist Jack Manley. I don't think it has a whole lot to stand on," Jack Manley, global market strategist at JPMorgan Asset Management, said in a Bloomberg TV interview. The S&P 500 has cut down its year-to-date loss but remains lower by 17%. For the fourth quarter of 2022, analysts cut per-share earning estimates for S&P 500 companies by 3.3% in aggregate during October, according to FactSet.

☆ How to play the bond market ahead of a recession, with JPMorgan's Bob Michele
▼ + stars: | 2022-11-18 | 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 EmailHow to play the bond market ahead of a recession, with JPMorgan's Bob MicheleBob Michele, JPMorgan Asset Management global head, joins 'Closing Bell' to discuss raising the Fed funds rate above inflation, the cumulative and lag effects of monetary policy and where to look for high quality bond investments.

☆ There are signs of improvement on inflation, says JPMorgan's Meera Pandit
▼ + stars: | 2022-11-17 | 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 EmailThere are signs of improvement on inflation, says JPMorgan's Meera PanditMeera Pandit, JPMorgan Asset Management global market strategist, joins 'Squawk Box' to discuss potential signs that inflation could be on the decline.

Consumer prices rose 11.1% in the 12 months to October, the most since October 1981 and a big jump from 10.1% in September, the Office for National Statistics said on Wednesday. Economists in a Reuters poll - many of whom think inflation is probably peaking around now - had forecast inflation would rise to 10.7%. In response to the data, Hunt - who is due to outline a new budget on Thursday - said "tough but necessary" decisions were required to tackle rising prices. Producer price data showed there was still inflation pressure in the pipeline but hinted at a possible slowdown. Manufacturers' costs for raw materials and energy rose at their slowest pace since March but at 19.2% the increase was still huge by historical standards.

LONDON, Nov 15 (Reuters) - The moment of truth is almost here for Britain's new prime minister Rishi Sunak and finance minister Jeremy Hunt. British markets have regained some poise after the carnage triggered by September's fiscal statement, but as the UK slips into recession, the outlook is far from rosy. Here's a look at some of the likely winners and losers from Thursday's budget. "Domestic UK equities are being treated with caution by investors both domestically and internationally," he said. snapshotA CRUDE TARGETEnergy companies have reported bumper profits this year, thanks to soaring crude oil and gas prices.

☆ British government to usher in new era of austerity in effort to restore market confidence
▼ + stars: | 2022-11-15 | by ( Elliot Smith | ) www.cnbc.com time to read: +6 min

We're going to see spending cuts," Hunt told the BBC on Sunday, while also promising the government would deliver a new and more focused plan to help with household energy bills beyond April. First, an increase in council tax with local authorities allowed to raise the level of council tax above 3% without a referendum," Raja said. "And second, an increase in both the duration and scale of the windfall tax on oil and gas 'excess profits'." Spending cuts, again executed via "stealth," could take the form of "nominal cash freezes to departmental budgets," Raja said, with spending budgets topped up minimally going forward. "If he wants to reassure the markets, he will have to announce early action in the form of a big fiscal tightening.

☆ JPMorgan predicts the best long-term 60/40 portfolio returns in more than a decade
▼ + stars: | 2022-11-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

There are good times ahead for the beleaguered 60/40 portfolio, according to a new report from JPMorgan. The 60/40 strategy, known as a balanced portfolio, has had a terrible year amid falling bond prices and stock market volatility. One measure of the portfolio's performance is the iShares Core Growth Allocation ETF , which has a target fixed allocation of 60/40. While inflation is still running hot, the firm expects it to subside over the next two years to reach 2.6%. "Margins will likely recede from today's levels but not reverse completely to their long-term average, and valuations present an attractive entry point," Bilton said.

☆ UK Finance Minister Hunt faces difficult call between economics and politics: JPMorgan's Gimber
▼ + stars: | 2022-11-11 | 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 EmailUK Finance Minister Hunt faces difficult call between economics and politics: JPMorgan's GimberHugh Gimber, global market strategist at JPMorgan Asset Management, reacts to the U.K.'s third-quarter GDP contraction and discusses the outlook for monetary and fiscal policy in the country and around the world.

☆ Shares jump, dollar falls after cooler-than-expected U.S. inflation
▼ + stars: | 2022-11-10 | by ( Alun John | ) www.reuters.com time to read: +4 min

[1/2] U.S. Dollar banknotes are seen in this illustration picture taken June 14, 2022. The yield on benchmark U.S. 10-year Treasuries dropped 23 basis points after the data to 3.9137%, S&P futures rose 3% and Nasdaq futures rose 4%. In currency markets the dollar sold off sharply, falling 1.75% against the rate sensitive Japanese yen to 143.64, while the euro climbed 1.2% to $1.016 a two-month high. Sky-high inflation has caused the Fed to raise rates aggressively this year, a process that has boosted the dollar and caused U.S. Treasuries and shares around the world to sell off sharply. U.S. crude oil futures were 0.1% higher at $85.93 per barrel, while Brent crude futures gained 1% to $93.58.

☆ 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.

☆ It's looking more likely that any recession next year will be shallow and manageable
▼ + stars: | 2022-11-10 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +6 min

That's a slowdown from the year-over-year increase of 8.2% in September, and below the 8.0% increase economists surveyed by Bloomberg expected to see. And core CPI, which excludes volatile food and energy prices, saw a year-over-year increase of 6.3% in October, below September's year-over-year increase of 6.6%. This inflation data comes amid concerns of a looming recession, and debates on how bad of an economic downturn it will truly be. Any recession that comes will be mildAs Insider previously reported, a 2023 recession will look unlike any recession Americans have recently experienced, and the latest inflation data and strong jobs report bolster that sentiment. And looking forward, declining inflation levels are likely to shape the Fed's December decision on hiking interest rates.

☆ 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.

☆ 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 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.

☆ 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.

☆ 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.

☆ 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.

☆ 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 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.

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."

☆ Top ranked advisors say these are the 3 biggest investing mistakes people make during recessions
▼ + stars: | 2022-10-28 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

These are some of the biggest investing mistakes, according to top advisors. "But you have to remember the stock market has done well over time." "We're more fixated on what we could potentially lose on paper than what opportunities pass us by that we never capitalize upon," said Josh Reidinger, CEO of Waverly Advisors in Birmingham, Alabama, which ranked No. Josh Reidinger CEO of Waverly AdvisorsThere's a risk of missing future gains when steering clear of the stock market, as research shows some of the best returns may follow the biggest stock market dips. Josh Reidinger CEO of Waverly AdvisorsMistake No.

Search resuls for: "Morgan Asset Management"

25 mentions found