DIRS.INFO The most relevant business & tech news

"For China, it is 'bad news is good news' at the moment," said Jun Bei Liu, portfolio manager at Tribeca Investment Partners in Sydney. Even before the latest disappointing growth data, a slew of soft economic indicators had shown China's recovery was falling short, slamming the brakes on nascent stock market rallies. Foreign money has been leaving, with worries over China's cyber-security crackdowns and Sino-U.S. flaps over chips and rare metals adding to growth concerns. REVIEWING CHINAGoldman Sachs analysts led by Kinger Lau also believe a 'tactical market recovery' thesis is compelling, and project a 15% 12-month return for the CSI300. "We are conservative about the extent of the policy support down the road," said Alicia Garcia Herrero, chief economist, Asia Pacific at Natixis.

Persons: Jun Bei Liu, Liu, Marcella Chow, CHINA Goldman Sachs, Kinger Lau, it's, Mike Kelly, Alicia Garcia Herrero, Eugenia Victorino, SEB, Victorino, Ting Lu, Jason Xue, Tom Westbrook, Kim Coghill Organizations: Tribeca Investment Partners, CSI, Morgan Asset Management, CHINA, JPMorgan, PineBridge Investments, Nomura, Thomson Locations: China, Sydney, U.S, Asia, Natixis, Shanghai

☆ The odds of a soft landing have gone up, says JPMorgan’s Gabriela Santos
▼ + stars: | 2023-07-18 | 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 EmailThe odds of a soft landing have gone up, says JPMorgan’s Gabriela SantosGabriela Santos, JPMorgan Asset Management global market strategist, joins 'Squawk Box' to discuss the latest market trends, Fed's inflation fight, and more.

Persons: JPMorgan’s Gabriela Santos Gabriela Santos Organizations: JPMorgan Asset Management

☆ For markets, BoE communication is bottom of the class
▼ + stars: | 2023-07-17 | by ( Yoruk Bahceli | ) www.reuters.com time to read: +6 min

U.S. Federal Reserve and European Central Bank expectations have meanwhile risen only marginally. For investors, clear communication from central bankers is crucial as they transmit their policy to borrowing costs through markets. The BoE was the first major central bank to start hiking rates. In contrast, they have long bet on more hikes than the BoE's main forecasts have implied are needed to tame inflation, rates futures show. BoE messaging, suggesting a reluctance to hike, has made it "very difficult" to own gilts recently, he said.

Persons: BoE, Toby Melville, Shamik Dhar, Andrew Bailey, Bailey, Schroders, Azad Zangana, Zangana, Liz Truss, Myles Bradshaw, Chris Jeffery, Jerome, Powell, Christine, Lagarde, it's, Craig, Yoruk, Dhara Ranasinghe, William Schomberg, John Stonestreet Organizations: Bank of England, REUTERS, Fed, ECB, of England, Traders, . Federal Reserve, European Central Bank, BNY Mellon Investment Management, Bank of England's, Investors, Graphics, of England's, Reuters, Asset Management, Thomson Locations: London, Britain, U.S, Dhar

☆ Inflation has peaked, but core inflation remains too high, says economist Lauren Goodwin
▼ + stars: | 2023-07-11 | 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 EmailInflation has peaked, but core inflation remains too high, says economist Lauren GoodwinGabriela Santos, JPMorgan Asset Management and Lauren Goodwin, New York Life Investments, join 'Closing Bell' to discuss markets, inflation and the Fed ahead of tomorrows CPI report.

Persons: Lauren Goodwin Gabriela Santos, Lauren Goodwin Organizations: JPMorgan Asset Management, New York Life Investments Locations: New York

☆ The economy feels worse than it actually is because people were spoiled by the snap-back recovery after the pandemic crash
▼ + stars: | 2023-07-11 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Americans feel bad about the economy, even though data shows a booming labor market. The recovery from the pandemic recession reset everyone's expectations about what a good economy looks like. Americans are feeling bad about the economy, and some of that is likely due to inflation eating at their budgets. Consumer confidence is still low, and, as JPMorgan Asset Management chief global strategist David Kelly writes, Americans feel an "unreasonable level of gloom." In short, the things that used to make Americans feel good or bad about the economy aren't as consequential anymore.

Persons: Aaron Terrazas, Labor Julie Su, that's, David Kelly, Kelly, Terrazas, —, would've Organizations: Service, Bureau of Labor Statistics, Labor, Pew Research Center, JPMorgan Asset Management, Fed Locations: Wall, Silicon, America

☆ Active funds are powering JPMorgan's ETFs past rivals. Here's why it may continue
▼ + stars: | 2023-07-08 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

Active ETFs have attracted $100 billion of net inflows over the past 12 months, according to a report from State Street. The growth of active ETFs could help other Wall Street firms take on the industry's dominant players. Some smaller JPMorgan active equity funds that have brought in cash this year include JPMorgan Active Value ETF (JAVA) and the JPMorgan Active Growth ETF (JGRO) . Two-thirds of U.S.-centric active funds fell short of their relevant indexes in the first half, according to a report from Morningstar. Active funds did fare better than passive funds in many categories, like small cap growth — perhaps a more fair comparison, given that passive funds do include fees and trading costs — but underperformed significantly in the popular large-cap blend category, according to data from Morningstar Direct.

Persons: that's, JEPI, outperforming, JEPI's Organizations: Securities and Exchange, State, JPMorgan, BlackRock, Street, JPMorgan Asset Management, JPMorgan Nasdaq Equity, Value, Growth, Capital, Morningstar, Morningstar Direct

☆ I strongly believe this is not an inflationary economy, says JPMorgan's David Kelly
▼ + stars: | 2023-07-07 | 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 EmailI strongly believe this is not an inflationary economy, says JPMorgan's David KellyDavid Kelly, JPMorgan Asset Management chief global strategist, joins 'Squawk on the Street' to discuss June's job report, Fed's inflation fight, latest market trends, and more.

Persons: JPMorgan's David Kelly David Kelly Organizations: JPMorgan Asset Management

☆ We're in a setup where we could be disappointed by earnings, says JPMorgan’s Gabriela Santos
▼ + stars: | 2023-07-07 | 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 EmailWe're in a setup where we could be disappointed by earnings, says JPMorgan’s Gabriela SantosGabriela Santos, JPMorgan Asset Management global marker strategist, joins 'Squawk Box' to preview the June jobs report, the Fed's inflation fight, latest market trends, and more.

Persons: JPMorgan’s Gabriela Santos Gabriela Santos Organizations: JPMorgan Asset Management

☆ Investors should be primed for a pullback in second half of 2023, says JPMorgan's Meera Pandit
▼ + stars: | 2023-06-29 | 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 EmailInvestors should be primed for a pullback in second half of 2023, says JPMorgan's Meera PanditMeera Pandit, JPMorgan Asset Management global market strategist, joins 'Squawk Box' to discuss the latest market trends, the Fed' rate hike campaign, upcoming earnings season, and more.

Persons: JPMorgan's Meera Pandit Meera Pandit Organizations: JPMorgan Asset Management

☆ Watch CNBC's full interview with JPMorgan's Phil Camporeale on whether US can avoid recession
▼ + stars: | 2023-06-27 | 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 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

☆ Recession probability now at 25 percent for US economy, says JPMorgan's Camporeale
▼ + stars: | 2023-06-27 | 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 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

BlackRock filed for a prospective spot bitcoin ETF on June 15, undeterred by the Securities and Exchange Commission's (SEC) past record of rejecting every such application. Bitcoin's market value has grown to comprise nearly half of the $1.1 trillion overall crypto market, its highest share in over two years, according to data tracker CoinMarketCap.com. Since the BlackRock filing, Invesco and WisdomTree have also reapplied for spot bitcoin ETFs after they had previous applications rejected by the regulator. Bryan Armour, director of passive strategies research for North America at Morningstar, said a spot bitcoin ETF could be a more cost-effective way for investors to trade. "It doesn't appear that most crypto ETF holders are institutional – assets are pretty spread out," he added.

Persons: Satoshi, Exchange Commission's, Satoshi Nakamoto's, Mikkel Morch, hasn't, Andrew Bond, Rick Meckler, Bryan Armour, I'd, David Wells, Medha Singh, Lisa Pauline Mattackal, Pravin Organizations: BlackRock, Securities, Exchange, SEC, Rosenblatt Securities, U.S, Cherry Lane Investments, Reuters Graphics Reuters, North America, Morningstar, MorningStar, TrackInsight, Morgan Asset Management, State, Enclave Markets, Pravin Char, Thomson, Reuters Locations: United States, U.S, New Vernon , New Jersey, J.P, BlackRock, Bengaluru

☆ We think the Fed will go up to 5.5% by Christmas, says JPMorgan Asset Management's John Bilton
▼ + stars: | 2023-06-22 | 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 EmailWe think the Fed will go up to 5.5% by Christmas, says JPMorgan Asset Management's John BiltonJohn Bilton, JPMorgan Asset Management head of global multi-asset strategy, joins 'Squawk Box' to discuss the Fed's rate hike campaign, the global market impact of rate hikes, and more.

Persons: John Bilton John Bilton Organizations: JPMorgan Asset Management

☆ Investors should ride this market rally to new all-time highs early next year by making these 10 investments now, according to 6 market strategists
▼ + stars: | 2023-06-19 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

If the S&P 500 can avoid a pullback, it could make a push toward its all-time high. Investors who weren't ready for the remarkable stock market rally of the last three months may not have completely missed out yet, according to several strategists Insider recently spoke with. While some top investing minds think this market rally isn't trustworthy, others are confident that the path of least resistance for US stocks is higher. He believes the S&P 500 is more likely to hit new highs in early 2024 than retest its Fall low of about 3,500. The S&P 500 is trading at roughly 19.2x forward earnings, he said, adding that equal-weighted funds have a forward earning ratio of about 15.5x.

Persons: Brad Bernstein, we've, I've, Bernstein, Jason Draho, Bernstein's, Draho, Jack Caffrey, Caffrey, Michael Sheldon, chartmaster David Keller, Keller, who's, David Keller, StockCharts.com, Brian Belski, Sheldon, Belski, that's Organizations: Federal Reserve, UBS Wealth Management, UBS Global Wealth Management, JPMorgan Asset Management, Fed, RDM Financial, BMO Capital Markets, BMO Capital Locations: US

☆ Global stocks are soaring. Analysts love these names — giving one over 80% upside
▼ + stars: | 2023-06-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Analysts are still optimistic about some parts of the U.S. market, but some expect international markets to do better this year. The resulting stocks have buy ratings from over 65% of analysts covering them, and average price target upside of at least 30%. Two stocks stood out for their 100% buy rating from analysts and significant potential upside: Coal mining company Yancoal Australia and Hong Kong-listed ESR Group , a real estate services company. German meal kit company Hello Fresh got the highest potential upside from analysts at 82%. U.S. stocks include e-commerce giant MercadoLibre , health insurance firm Humana and pharmaceutical firm Jazz Pharmaceuticals .

Persons: Germany's Dax, Morgan Stanley, J.P, Tai Hui, Tai, Raymond Bridges, Fresh Organizations: Nikkei, Morgan Asset, Bridges Capital, CNBC Pro, CNBC, Vanguard FTSE, Index, Kansai Electric Power, JCR Pharmaceuticals, Humana, Jazz Pharmaceuticals Locations: Europe, U.S, Japan, Asia, Australia, Hong Kong

☆ Stocks stall as US rates seen higher for longer
▼ + stars: | 2023-06-15 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

Committee members surprised markets by projecting two more 25 basis point hikes this year, sending short-term U.S. yields higher and closing out bets on any cuts in 2023. "The market takeaway was that rates would stay high for longer, rather than spike upwards in line with the shift in projected Fed funds rate." Two-year Treasury yields jumped as much as 13.5 bps in the session, before settling two bps higher at 4.69%. China cut a key benchmark, its medium-term loan rates, by 10 bps and the yuan hit a six-month low of 7.1783 per dollar. That likely confirms an end to rate hikes and the kiwi was last down 0.7% at $0.6163.

Persons: Jerome Powell, Steve Englander, Powell, Tai Hui, Bitcoin, Shri Navaratnam Organizations: ECB SINGAPORE, U.S . Federal Reserve, Fed, Central Bank, Nikkei, Standard Chartered, Morgan Asset Management, New Zealand, ECB, Bank of Japan, Brent, Thomson Locations: China, New Zealand, U.S, Asia, Pacific, Japan, New York, CHINA, Beijing

☆ There's no 'single best idea' when comparing the Indian and Chinese markets, says JPMorgan
▼ + stars: | 2023-06-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's no 'single best idea' when comparing the Indian and Chinese markets, says JPMorganAlexander Treves of JPMorgan Asset Management discusses the pros and cons of investing in the two markets.

Persons: Alexander Treves Organizations: Asset Management

☆ Copycats are coming for JPMorgan's high-yield ETFs. Here's what's next for the popular funds
▼ + stars: | 2023-06-06 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Goldman Sachs filed last week to launch two similar funds: the Goldman Sachs U.S. Equity Premium Income ETF and the U.S. Tech Index Equity Premium Income ETF. Some other funds that use some form of a covered call strategy similar to JPMorgan's approach with equity linked notes are already on the market. The JPMorgan funds both have an expense ratio of 0.35%. However, even a fund that did exactly that would likely not be an option for some financial advisers until it had an established track record, giving the JPMorgan funds a big head start. The competition is coming even as the rally for growth stocks has dulled some of the allure for the JPMorgan funds.

Persons: JEPI, Goldman Sachs, Hamilton Reiner, Goldman, Reiner Organizations: JPMorgan Equity, JPMorgan Nasdaq Equity, SEC, JPMorgan, Goldman Sachs U.S, Equity, U.S . Tech, JEPI, Morgan Asset Management, Trust Locations: U.S, JEPQ

☆ Fed will pause rate hikes in June but won't start easing this year, says JPMorgan's Phil Camporeale
▼ + stars: | 2023-06-06 | 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 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

☆ How to manage a big retirement risk amid health-care inflation
▼ + stars: | 2023-06-02 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Geber86 | E+ | Getty ImagesThere are plenty of risks for retirees — and those risks may compound by the rising cost of health care in retirement. There's also a higher likelihood of retirees needing medical care as they grow older. A 65-year-old couple who retired in 2022 will spend an average of $315,000 in health-care costs throughout retirement, not including long-term care, according to Fidelity Investments. Of course, every retiree's costs will be different, said certified financial planner Anthony Watson, founder and president of Thrive Retirement Specialists in Dearborn, Michigan. "The best way to plan for health-care costs is to learn how to be a good health-care consumer," said McClanahan, who also is a physician and member of CNBC's Advisor Council.

Persons: it's, There's, Anthony Watson, Carolyn McClanahan, McClanahan Organizations: —, U.S . Bureau of Labor Statistics, Fidelity Investments, Morgan, Planning Partners Locations: Dearborn , Michigan, Jacksonville , Florida

☆ The odds of a significant recession are ‘going down’ right now, says JPMorgan’s David Kelly
▼ + stars: | 2023-06-02 | 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 significant recession are ‘going down’ right now, says JPMorgan’s David KellyDavid Kelly, JP Morgan Asset Management chief global strategist, and Savita Subramanian, head of U.S. equity and quantitative strategy at Bank of America Securities, join ‘Squawk on the Street’ to discuss what the latest strong job reports suggest, the odds of a recession, and more.

Persons: JPMorgan’s David Kelly David Kelly, Savita Subramanian, ‘ Squawk Organizations: Morgan Asset Management, Bank of America Securities

☆ Massive shift in supply chain issues from U.S.-China tensions is unlikely, says JPMorgan
▼ + stars: | 2023-05-15 | 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 EmailMassive shift in supply chain issues from U.S.-China tensions is unlikely, says JPMorganKerry Craig of JPMorgan Asset Management says the United States is, in some ways, "a little bit out of sync with what the rest of the world wants."

☆ JPMorgan's massively popular income ETF is getting beat by its own sister fund
▼ + stars: | 2023-05-14 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Investors are still jumping into the fund in 2023, pushing its total assets to about $26 billion. Through May 11, the fund has a total return of just 3.4% year to date, underperforming the S & P 500. Meanwhile, its sister fund, JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) , has been a big winner for investors. That fund has returned more than 17% this year, and its 30-day SEC yield is nearly 14%, as Nasdaq stocks have outperformed the S & P 500. "More volatile means you're going to get more potential upside by selling a farther-out-of-the-money call, and more income," Reiner said.

☆ Premarket stocks: Wall Street is strangely calm about the debt ceiling. That could change this month
▼ + stars: | 2023-05-10 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn’t lifted soon abound. The debt ceiling crisis of 2011 caused Standard and Poor’s to downgrade US debt for the first time in history. Schwenkler says to expect “a lot more volatility” if debt ceiling issues don’t appear resolved by the last week of the month. By contrast, recovery from a debt-default crisis would likely start the day Congress, belatedly, suspended the debt ceiling,” he added. “A misstep over the debt ceiling would subject businesses and consumers to an economic shockwave,” he added.

☆ Fed will ease off on interest rates because of slowing inflation, says JPM's Camporeale
▼ + stars: | 2023-05-10 | 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 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.

Search resuls for: "Morgan Asset Management"

25 mentions found