JPMorgan upgraded emerging market stocks from "neutral" to "overweight" this week. It is expected that all developing economy central banks except Brazil will start easing cycles. The theme of Chinese consumption is very attractive at present! Click to view...
Kevin Hassett, director of the White House National Economic Council, said he disagreed with Jamie Dimon, chief executive of JPMorgan Chase, on the risk of stagflation, after he said the US faced a risk of stagflation and that the Fed was justified in staying put.
Analysts at JPMorgan said that while the regulatory framework for stablecoins in the United States is gradually advancing, market forecasts that the total supply of stablecoins will triple or quadruple from about $240 billion today to nearly $1 trillion in the next one to two years are "overly optimistic". Of the two stablecoin bills proposed in the US, the Senate's GENIUS bill and the House's STABLE bill, the former currently has more support. Just earlier this week, the Senate voted to advance...
According to The In Formation, JPMorgan Chase (JPM. N) will provide a loan of about $7 billion for the construction of the OpenAI data center.
Zhu Haibin, Chief Economist of JPMorgan China, said at the press conference of the JPMorgan Global China Summit in 2025 that the contribution rate of consumption and investment to the economy is expected to increase this year due to the impact of domestic policy adjustments. Judging from the current structural transformation of the economy, Zhu Haibin believes that the April data shows that the strength and weakness of the economic structure are still very obvious. The new economy, especially te...
JPMorgan CEO Dimon: The probability of a recession is 50%.
Erdoes, head of asset and wealth management at JPMorgan Chase: The rating agencies' decision will not affect investors' asset allocation in the US market, and trading is expected to be "healthy" for the rest of 2025. (Jin Ten)
1. JPMorgan Chase CEO: Will allow customers to buy bitcoin, but will not provide custody services for it. 2. JPMorgan Chase: Bitcoin network hashrate rose slightly in the first two weeks of May. 3. Bitget Research Institute: Bitcoin is expected to rise to $180,000 this year. 4. The US Senate voted 66 in favor of a procedural motion to pass the GENIUS Act. 5. The SEC commissioner said most crypto assets are not securities and supported the issuance of clear guidance. 6. The US SEC postponed its d...
On May 20, according to FOX Business, Dimon, the chief executive of JPMorgan Chase, said that JPMorgan Chase will allow customers to buy bitcoin, but the policy change does not change his views on the cryptocurrency. "We will allow you to buy bitcoin," Dimon told investors. "But we will not hold it in custody, it will only be reflected in the customer's account statement." Previously, JPMorgan Chase CEO Dimon said that he would never buy bitcoin personally.
The chief executive of JPMorgan has bluntly said there is serious complacency in the market, and investors have not yet fully appreciated the true impact of Trump's trade policies. The market has rebounded rapidly despite Moody's downgrade of the US credit rating, and this optimism may come at a price. Click to view
JPMorgan Chase CEO Jamie Dimon warned against complacency in the face of a range of risks, including inflation, credit spreads and geopolitics. Dimon said the potential for higher inflation and stagflation is greater than people think, cautioned that asset prices in the United States remain high, and said credit spreads do not take into account the impact of a potential economic downturn. Even last Friday, Moody's Ratings...
In a research note released on Friday, JPMorgan Chase noted that the Bitcoin network hashrate rose by 2% in the first two weeks of May, averaging 88 5EH/s. As bitcoin prices rose, miners' gross profit expanded month-on-month, mining economic conditions improved, and miners' profitability capacity enhancement. The 13% increase in the hash price, which measures daily mining profitability, compared to April is "encouraging". Analysts said that the daily block reward income of miners per EH/s in the...
On May 15 local time, Jamie Dimon, CEO of JPMorgan Chase, said that as the impact of tariffs continues to hit the global economy, a recession is still possible. Dimon said in an interview on the same day that he hopes to avoid this situation, but he will not rule it out for now. If there is a recession, I don't know how severe it will be or how long it will last. According to reports, the Trump administration's tariff policy has shaken the market for more than a month. Dimon said that due to the...
Analysts at JPMorgan Chase said that as gold weakens and capital flows change, bitcoin is likely to continue to outperform gold in the second half of 2025. Institutions pointed out that companies such as MicroStrategy continue to buy bitcoin, and many states in the United States have also included it in strategic reserves. For example, New Hampshire allows up to 5% of assets to be allocated to bitcoin. In addition, the crypto derivatives market is mature and clearly regulated, which also attract...
Analysts at JPMorgan said bitcoin prices were likely to continue to rise in the second half of the year, driven by corporate buying and increased support from US states, while gold prices were likely to fall. Since peaking on April 22, gold prices have fallen nearly 8 per cent, while bitcoin has risen 18 per cent over the same period. Analysts said the shift was also evident in investor flows, with money flowing out of gold exchange-traded funds (ETFs) and into spot bitcoin and cryptocurrency fu...