One JPMorgan executive was even willing to connect the bank’s performance to that soft landing, citing strength on the part of the lender’s consumer and corporate customers.
JPMorgan Chase on Friday said the U.S. economy remains strong for both consumers and big companies, a sign that the Federal Reserve may have achieved the much-discussed soft landing with lower ...
JPMorgan CFO Jeremy Barnum told reporters the bank’s results appear to be showing the fabled Goldilocks economy. “These results are consistent with a soft landing,” Barnum said. His evidence ...
The New York Times found that, at least since 2000, following Wall Street's advice has been essentially as good as shooting darts at a dartboard. From 2000 to 2023, the median Wall Street forecast ...
Stocks hit all-time highs with investors mapping out Donald Trump’s return to the White House and what his policies will mean for markets and the economy. Read more at straitstimes.com.
Shares of US banks including Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group Inc ... interest-rate environment ...
“Stocks have the wind at their back for now, but equities will be keeping a close eye on yields,” said Adam Crisafulli, ...
Citigroup shares had climbed by 8% at the end of Wednesday’s trading, the most since July 2022, while an exchange-traded fund that tracks major bank stocks also climbed by the most in four years.
Investors pushed the stocks of JPMorgan Chase (JPM) and Wells Fargo (WFC) higher Friday after third quarter results looked better than feared, a demonstration of resilience from the banking giants ...
Shares of US banks including Citigroup Inc., JPMorgan Chase and Co. and Goldman Sachs Group Inc. surged in premarket trading ...