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Economy, Stocks

“Shift into value stocks could fuel a solid rally, says J.P. Morgan”

“Bone up on the term “market rotation” if you want to hold your own at the water cooler these days… Diving right into the debate is our call of the day from a team led by J.P. Morgan’s global head of quantitative… Continue Reading…

Banking, Economy, Stocks

“Stocks will ‘rally into the end of the year’ after upside earnings surprise, says J.P. Morgan’s Matejka”

““We were looking for a correction in August, but we believe the market will rally into the end of the year,” Matejka said in an interview. “The key call is that the U.S. is not headed for a recession. The… Continue Reading…

Economy

“JP Morgan slashes second-quarter GDP forecast to just 1%”

“J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their prior forecast of 2.25% and way off the 3.2% reported in the first quarter. “The April durable goods report was bad, particularly the details relating… Continue Reading…