Mike Feroli, chief economist at JPMorgan Chase, said: For the Fed, the May jobs report was almost "tailor-made", reinforcing their current tendency to stay put and wait patiently for developments in employment and inflation to determine the future direction of policy. This made the June FOMC meeting a "non-event".
Dimon, chief executive of JPMorgan Chase, said on Monday that rising US debt was a "big problem" that could create "tough times" for the bond market and lead to widening spreads, echoing his earlier warnings about turbulence in addressable markets, citing increased US government spending. "If people think the dollar is no longer a trustworthy option, you could see widening credit spreads; that would be a pretty big problem," Dimon said.
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.
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.
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...
1. ARK Invest yesterday reduced its holdings of $3.35 million Bitcoin ETF and increased its holdings of $4.95 million Solana ETF. 2. JPMorgan Chase: Gold is still the safe-haven asset of choice, and Bitcoin has not been able to replace it. 3. Analyst: Historical data shows that Bitcoin tends to follow suit within 150 days after the price of gold hits a new high. 4. Google searches for "Bitcoin" and "Ethereum" have surged, or indicate renewed interest from retail investors. 5. Ethereum fees fell ...
Dimon, chief executive of JPMorgan Chase, said the "deleveraging" process of US Treasuries may now be somewhat over. "Decoupling from China should not be the goal".
JPMorgan Asset Management said US Treasuries may have bottomed out now amid signs of strong foreign demand and expectations that the Federal Reserve will support US government debt if necessary. Bob Michel, global head of fixed income, said: "I feel good that we are investing low prices and high yields here."
JPMorgan Chase, Wells Fargo and Morgan Stanley are due to report their Quarter 1 results at a time of market turmoil, tariffs up the ante and recession warnings. Can the big banks withstand macro pressure and deliver a bright answer?
JPMorgan analyst David Lebovitz said U.S. stocks have hit a low buying range as he believes the U.S. will still avoid a tariff-induced recession. Lebovitz has been waiting for the S & P 500 to hit 5,100, which fell below that level on Friday afternoon. He is far from "fully betting" on U.S. stocks and believes the risk of a U.S. recession is rising. But Lebovitz said he could take advantage of the recent stock market sell-off to add a modest position at current trading levels. "The more stocks.....
Michael Feroli, chief economist at JPMorgan Chase, said in a note that Trump's tariffs will generate significant revenue, but at the cost of higher prices, which could impact consumer purchasing power. He wrote: "On a static basis, the tariffs announced today will increase revenue by nearly $400 billion, or about 1.3% of GDP. We estimate that the measures announced today could raise personal consumption expenditure prices by 1-1% this year...
1. China Office and State Office: Guarantee the car-free family's car purchase demand by year. 2. JPMorgan Chase: Tesla's current predicament can be called "unprecedented" in the automotive industry. 3. China Automobile Association: The 2025 annual new energy vehicle to the countryside model recommended catalog declaration starts, and the passenger car guide price needs to be less than 350,000 yuan. 4. Guangdong license plate into Hong Kong is expected to be realized within the year. 5. He Xiaop...
With news of tariffs roiling financial marekts and raising concerns among investors about the outlook for the US economy, JPMorgan strategists have warned of the risk of falling short of their early-year gains forecast for US stocks. JPMorgan maintained its forecast for the S & P 500's year-end target of 6,500, but warned of a "significant standard error". The target means the S & P 500 has about 13 per cent of the year-end upside from Thursday's close of 5,738.52.
JPMorgan Chase's head of market intelligence said that while U.S. stocks are cheering the lull in tariff pressure, real risks are still accumulating. Click to view...
On February 18th, according to CoinDesk, a report released by JPMorgan shows that US-listed bitcoin miners accounted for 29% of the global bitcoin network's hashrate in February 2025, almost double that of the same period last year. The report pointed out that the hashrate of the bitcoin network rose by 6% this month, but the average daily profit of miners fell by 13% due to the falling bitcoin price. JPMorgan's analysis pointed out that the total computing power of the 14 bitcoin mining compani...