(Bloomberg) — Bob Michele, a bond market veteran for more than four decades, predicts a 75% chance of a US recession over the next 18 months, but thinks it’s priced in. Most Read from Bloomberg ...
Tag: JPMorgans
JPMorgan’s Kolanovic Sees a 7% Boost for Stocks From Rebalancing
(Bloomberg) — JPMorgan Chase & Co.’s Marko Kolanovic, a steadfast bull on US equities during this year’s selloff, is calling for stocks to rise 7% next week as pension and sovereign wealth f...
JPMorgan’s Selected by Singapore’s Central Bank For DeFi Project
7 hours ago | 2 mins read Editors News JPMorgan Chase and Singapore’s DBS Bank are among the large banks collaborating on the project. Onyx has processed over $300B in digital tokens since its launch ...
Crypto Weekly Roundup: Negative Sentiment, JPMorgan’s Blockchain Experiments, WEF Pulls Crypto Crowds, eBay’s NFT Debut, Crypto Satellite, And More.
A very eventful week in crypto – multiple industry experts and regulators have been displaying negative sentiments towards crypto, especially Bitcoin, even more so after the Terra (LUNA) crash. ...
JPMorgan’s Kolanovic Says Add Risk Assets on ‘Peak Hawkishness’
(Bloomberg) — Marko Kolanovic’s repeated dip-buying calls are failing to play out so far this year, but he’s sticking to his bullish stance on risk and urging investors to increase holdings in b...
JPMorgan’s crypto veteran Christine Moy joins investment firm Apollo
Apollo Global Management, one of the world’s largest investment and private equity firms with over $450 billion in total assets, has hired Christine Moy, a former crypto executive at JPMorgan, a...
JPMorgan’s profit sinks 42% YoY in fiscal Q1
Shares of JPMorgan Chase & Co (NYSE: JPM) opened nearly 4.0% down on Wednesday after the Wall Street bank reported lower-than-expected net income for its fiscal first quarter. Notable figures in J...
JPMorgan’s analysis of commodity prices
New York-based JPMorgan Chase & CO. expects commodities to jump in the near future. JPMorgan’s forecast for the commodities market Big Four JPMorgan releases its outlook on the commodities sector...
Russia’s War In Ukraine Has Created ‘Potentially Explosive’ Economic Situation, Warns JPMorgan’s Dimon
Topline Russia’s invasion of Ukraine has created an “unprecedented” situation that could create economic turmoil around the world, warned JPMorgan chief executive Jamie Dimon in his annual letter to s...
JPMorgan’s Kolanovic Says Market Bubble Corrections Almost Over
(Bloomberg) — The rout in tech, biotechnology and emerging-markets stocks may be nearly over, and it’s time for investors to start adding to beaten-down, high-beta positions, according to JPMorg...
JPMorgan’s Rohrbaugh Says Clients Under ‘Extreme Stress’
(Bloomberg) — JPMorgan Chase & Co.’s trading head said that a lot of clients are under “extreme stress” tied to the impact of Russia’s invasion of Ukraine and resulting sanctions from the U....
JPMorgan’s Michael Cembalest Isn’t Crazy About BTC
Michael Cembalest – chairman of investment strategy for financial giant JPMorgan – said in a recent interview that he’s not crazy about bitcoin and the world of crypto, suggesting that despite how muc...
JPMorgan’s Exec Says Crypto Is in Napster Age
Alex Dovbnya Crypto is still in its Napster days, according to JPMorgan’s Umar Farooq Umar Farooq, head of JPMorgan’s blockchain unit, called Onyx, recently told London-based media outlet ...
JPMorgan’s Plan for Big Expense Boost Sends Shares Tumbling
(Bloomberg) — JPMorgan Chase & Co. slid as much as 6.4% after the company said compensation and other costs jumped in the fourth quarter ahead of an expected surge this year. Most Read from ...
JPMorgan’s Bob Michele Says Hide in Cash With Treasury Yields Going Higher
(Bloomberg) — Bob Michele is hunkering down in cash as the Federal Reserve embarks on a tightening path that’s killing returns on bonds. Most Read from Bloomberg J.P. Morgan Asset Management’s f...
Only 5% of JPMorgan’s Clients Believe Bitcoin Will Reach $100,000 in 2022 (Report)
According to a recent survey, the vast majority of JPMorgan customers do not expect bitcoin to reach $100,000 in the following 12 months. Still, more than 40% of the participants expect the asset to s...
JPMorgan’s JPM Coin First Experiment Declared Successful by Bahrain’s Central Bank
The CBB or Central bank of Bahrain has successfully completed a JPM Coin test to achieve its goal to enhance client satisfaction through secure and efficient settlement services, it’s the first time t...
Bahrain’s central bank completes trial for JPMorgan’s JPM Coin
The central bank of Bahrain (CBB) has finalized the testing phase for JPM Coin. This places it among the countries that have made bold steps in adopting blockchain technology. The testing phase for th...
Expect more than 4 rate increases in 2022, and a lot of market volatility, says JPMorgan’s Dimon: ‘If we’re lucky’ the Fed can engineer a “soft landing.”‘
JPMorgan Chase & Co. JPM, +0.10% CEO Jamie Dimon said the consumer remains in great shape in 2022 but also said volatility could be elevated in financial markets as the Federal Reserve aims to nav...