Markets

US economic recovery is ‘V-interrupted’ and could slow after fiscal stimulus boost fades, a JPMorgan chief strategist says

US economic recovery is currently “V-interrupted” and could slow down again in the fourth-quarter after the effects of fiscal stimulus dwindle, JPMorgan Asset Management’s David Kelly told CNBC. “We have seen what looks like a V-shaped recovery, but it’s really V-interrupted — it’s half of V,” Kelly, the chief global […]
US economic recovery is ‘V-interrupted’ and could slow after fiscal stimulus boost fades, a JPMorgan chief strategist says
Markets

The chief strategist at JPMorgan’s $1.7 trillion funds arm says 2 types of investors are sending the market swinging wildly

David Kelly, JPMorgan Asset Management’s chief global strategist, said December’s market volatility was caused largely by passive and momentum investors, rather than active managers concerned about fundamentals. He said that much of the market is not decided “by millions of little Warren Buffetts thinking carefully about the value of stocks,” […]
The chief strategist at JPMorgan’s $1.7 trillion funds arm says 2 types of investors are sending the market swinging wildly
Markets

Market meltdown relents as US futures point to major rebound

Global markets rallied Friday after several days of aggressive selling. “It’s a pause for breath, we’ve had a sharp drawdown and now the market has taken a breath,” Kerry Craig, a global market strategist at JPMorgan Asset Management, said. Stocks in Asia and Europe were higher, while US futures pointed […]
Market meltdown relents as US futures point to major rebound
Markets

JPMorgan’s ultimate guide to markets and the economy

Volatility has defined 2018’s stock market. Trade war fears, and an increasing belief the US is nearing the end of the economic cycle have both put a damper on investor sentiment. The S&P 500 is only up slightly this year, and the Dow Jones is down, with the tech-heavy Nasdaq […]
JPMorgan’s ultimate guide to markets and the economy
Markets

2018 could end up being a great year for the UK economy — here’s why

UK economic growth could pick up much more sharply than expected by the end of 2018, according to Mike Bell, a global market strategist at JPMorgan Asset Management. That’s because Bell expects inflation to fall quicker than most people expect, while wage growth will continue to increase steadily. This creates […]
2018 could end up being a great year for the UK economy  —  here’s why
Markets

Trump’s trade skirmish with China is ‘like a WWE wrestling match’

Trump’s trade war with China resembles a “WWE wrestling match,” according to Mike Bell, global market strategist at JPMorgan Asset Management. “There’s an awful lot of talk, but not a lot of damage likely to be done,” Bell told journalists. Currently announced tariffs represent less than 0.3% of GDP for […]
Trump’s trade skirmish with China is ‘like a WWE wrestling match’
Markets

JPMorgan’s ultimate guide to the markets and the economy

The US stock market has seen historically high levels of volatility since its correction in February. Tech stocks have gotten rocked since a massive Facebook data breach, prompting fears that both EU and US regulation will slow growth in the sector. Meanwhile, President Donald Trump has been railing against China […]
JPMorgan’s ultimate guide to the markets and the economy
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