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markets.businessinsider.com/news/stocks/coronavirus-fuel-recession-forecast-us-europe-economic-july-market-jpmorgan-2020-3-1028994637 A new economic-growth estimate from JPMorgan projects that a recession will hit the US and European economies by July. The bank said its views of the coronavirus outbreak “have evolved dramatically … Read more
(Bloomberg) — The historic panic in global stock markets has spawned a fortune for some of the world’s biggest investment banks. JPMorgan Chase & Co. and Citigroup Inc. have added … Read more
The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all fell more than 10% last week, their biggest weekly declines since October 2008. The decline’s swift nature prompted some … Read more
JPMORGAN: “Our daily trackers for China remain mixed at best but on balance continue to send a message of slow-to-no progress. More concerning from the global perspective is that the … Read more
by Money Metals The U.S. Department of Justice investigation of criminal activity in the precious metals markets has taken an interesting new turn. According to Bloomberg, prosecutors are targeting the bank … Read more
I believe 2 weeks ago it was decided. The ‘Business Roundtable’ group, chaired by menace to society Jamie Dimon of JPMorgan, issued a startling statement. Of the 192 current members … Read more
via wallstreetonparade: The National Information Center is a little-known repository of bank data collected by the Federal Reserve. It is part of the Federal Financial Institutions Examination Council (FFIEC), which was created by … Read more
JPMORGAN: the slowdown in global employment “raises a material downside risk to the outlook. Households will feel the impact from slower hiring and adjust their spending. … we see global … Read more
JPMorgan’s Warning: Lower Equity Returns Are on the Way Nov.06 — Kerry Craig, global market strategist at JPMorgan Asset Management, talks about the outlook for corporate earnings and stock markets. … Read more
JPMorgan pours $130bn of excess cash into bonds in major shift t.co/OsMg6cC5h5 "The bank acting like the [next] recession is here — everything the bank is doing points that way”. … Read more
via wallstreetonparade By Pam Martens and Russ Martens: October 28, 2019 ~ JPMorgan Chase is the largest bank in the United States with $1.6 trillion in deposits from more than 5,000 retail bank … Read more
via bloomberg: “Despite more than two centuries of history in a city synonymous with the global financial industry, JPMorgan is quietly shrinking its workforce there. The bank’s been building up … Read more
by GoldCore ◆ Severe funding pressures in U.S. money markets tipped to resurface heading into year-end by JPMorgan who warn that financial stresses are likely to ‘get much worse’ ◆ … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Does that mean that we have bad markets?” This still doesn’t show who or what triggered the fire in the repo market in mid-September when overnight … Read more
Collusion and “absolute monopoly practices.” By Nick Corbishley, for WOLF STREET: Mexico’s antitrust agency Cofece has accused the domestic subsidiaries of JP Morgan Chase, Bank of America, Citigroup, Barclays, Deutsche Bank Santander, and BBVA … Read more
JPMORGAN: “We believe the global economy has entered a second and more dangerous phase of slowing. .. Against this backdrop, we believe the emergence of more tangible signs that US … Read more