Podcast appearances and mentions of morgan asset management

Another day of record highs on the S&P and Nasdaq: Carl Quintanilla, Leslie Picker, and Michael Santoli broke down what investors need to know as the government shutdown continues into Day 3 - with the latest from Washington and more on the market impact (besides a lack of jobs data today) with J.P. Morgan Asset Management's Chief Global Strategist David Kelly along with Goldman Sach's Chief Economist Jan Hatzius.  Plus: get the tech playbook with one T. Rowe Price portfolio manager who's betting on Apple, Alphabet, and Nvidia here after a great week for chip names - and hear from the Jefferies analyst making a rare downgrade of Apple to sell. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ouça nesta edição do Macro Review, o podcast da equipe econômica do C6 Bank: O ouro voltou a bater recorde na semana passada – mais uma alta histórica, em meio a uma trajetória consistente de valorização, especialmente em 2025.  O impulso mais recente para a alta veio depois que o banco central dos EUA cortou a taxa de juros americana, além de anunciar que projeta mais duas quedas até o fim do ano.  Mas os fatores que ajudam a explicar a alta do ouro vão muito além da política monetária. O que sustenta a valorização do ativo que é considerado o mais antigo porto seguro financeiro? E o que a alta do ouro revela sobre as fragilidades da economia global? Entenda também:  - Inflação elevada nos EUA;  - O futuro da Selic no Brasil.   No minuto 07:34, Marina Valentini, estrategista de mercados globais do J.P. Morgan Asset Management, analisa as expectativas dos investidores por novos cortes de juros nos Estados Unidos e os impactos de um possível shutdown do governo americano nesta semana. 

Die Kapitalmärkte stehen vor spannenden Monaten: Mehr Klarheit in der Politik, aber auch neue Unsicherheiten durch Zölle, Inflation und geopolitische Spannungen. In der aktuellen Folge von Mission Money spricht Kapitalmarktstratege Tilmann Galler von J.P. Morgan Asset Management über die entscheidenden Trends, die Anleger jetzt im Blick behalten sollten. Wie wirken sich US-Zölle und Zinspolitik auf die Märkte aus? Warum könnte Europa wieder attraktiver werden? Und welche Regionen und Sektoren bieten aktuell die besten Chancen? Ein tiefgehender Rundumschlag für alle, die ihre Investments strategisch ausrichten wollen!

In the latest episode of Facts vs Feelings, recorded live at Excell 2025 in Phoenix, hosts Ryan Detrick, Chief Market Strategist, and Sonu Varghese, VP, Global Macro Strategist, are joined by Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management. From jobs data revisions and labor supply challenges to the Fed's upcoming rate decisions, productivity, AI, and the outlook for portfolios, this episode is packed with insights advisors and investors can use right now.Key TakeawaysJobs revisions: Recent downward adjustments highlight slowing payroll growth.Labor market: Supply shortages are keeping unemployment low despite weak hiring.Productivity: AI may boost output, but inequality risks remain.Fed policy: There's a debate on whether cuts would stimulate the economy or actually drag it down.Tax refunds: 2025 policy changes could deliver a stimulus-like boost.Global opportunities: International equities could benefit from a weaker dollar.Connect with Ryan:• LinkedIn: Ryan Detrick• X: @ryandetrickConnect with Sonu:• LinkedIn: Sonu Varghese• X: @sonusvargheseConnect with Dr. David Kelly:• Website: Dr. David Kelly• LinkedIn: Dr. David KellyQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.comDisclosure: Dr. David Kelly is not affiliated with CWM, LLC. Opinions expressed by our guests may not be representative of CWM, LLC.#FactsVsFeelings #CarsonGroup #DavidKelly #MarketOutlook #FedPolicy #InvestingPodcast #ExcelConference #Economy2025

Amid global trade headwinds, China has sent fresh signals that it will further expand high-standard opening-up and promote international cooperation to provide strong momentum for its own development and boost global economic growth.在全球贸易逆风中，中国发出了新的信号，将进一步扩大高标准开放，促进国际合作，为自身发展提供强劲动力，促进全球经济增长。The message resonated strongly at three recent key international fairs that China hosted over the course of about a week — the World Smart Industry Expo 2025 in Chongqing, the 25th China International Fair for Investment and Trade in Xiamen, Fujian province, and the 2025 China International Fair for Trade in Services in Beijing.这一信息在中国最近在大约一周的时间里主办的三个主要国际博览会上引起了强烈反响，即重庆2025年世界智能产业博览会、福建省厦门市第25届中国国际投资贸易洽谈会和北京2025年中国国际服务贸易洽谈会。Within six days, President Xi Jinping sent three congratulatory messages in succession to the three events, which featured a wide range of domestic and international participants from various sectors.在六天时间内，习近平总书记先后向三次活动发送了三条贺电，吸引了国内外各界人士的广泛参与。In the letters, Xi reiterated the country's firm commitment to working with all parties to build an open world economy and advance the building of a community with a shared future for humanity.习近平在信中重申，中国坚定致力于与各方一道，建设开放型世界经济，推动构建人类命运共同体。While emphasizing that global development is facing challenges as well as opportunities amid profound changes in the world economic landscape, Xi assured the world that China will take solid measures to promote liberalization and facilitation of trade and investment, continue to share its development opportunities with the rest of the world, and inject more positive energy and greater certainty into global development.习近平强调，在世界经济格局深刻变化的背景下，全球发展既面临挑战，也面临机遇，他向世界保证，中国将采取扎实措施，促进贸易投资自由化便利化，继续与世界分享发展机遇，为全球发展注入更多正能量和更多确定性。Former Kyrgyz prime minister Djoomart Otorbaev said it is extremely important that China is opening further to the outside world. "China organized a lot of events of international level, where top specialists from around the world are attending and exchanging ideas. This is exactly what has to be done," he said in a recent interview with China Global Television Network.吉尔吉斯斯坦前总理奥托巴耶夫说，中国进一步对外开放极其重要。他在最近接受中国环球电视网采访时说：“中国组织了许多国际级的活动，来自世界各地的顶尖专家参加了这些活动并交流了意见。这正是必须做的。”。Over the years, China has been steadfastly deepening reform on all fronts to build a new system for an open economy. A series of measures on the reform of foreign trade has been introduced in areas including taxation, finance, and trade and investment facilitation.多年来，中国坚定不移地深化各方面改革，构建开放型经济新体制。在税收、金融、贸易和投资便利化等领域推出了一系列外贸改革措施。Since 2017, the total number of items on the negative list of restricted sectors for foreign investment has been reduced from 93 to 29, with all access restrictions for the manufacturing sector removed.自2017年以来，限制外商投资负面清单上的项目总数从93个减少到29个，制造业的所有准入限制都被取消。Paul Bateman, chairman of J.P. Morgan Asset Management, has visited China more than 150 times over the past 30 years. "With each visit, I'm more impressed by the vitality and growth of China's market," he said while addressing the Global Trade in Services Summit of the China International Fair for Trade in Services.摩根大通资产管理公司董事长保罗·贝特曼在过去30年里访问了中国150多次。他在中国国际服务贸易博览会全球服务贸易峰会上发表讲话时说：“每次访问，我都对中国市场的活力和增长印象深刻。”。Noting that the company's footprint in China has expanded in recent years thanks to China's decision to open up its service sector, particularly the removal of foreign equity caps in certain financial services, Bateman said that the growth of trade in services is creating significant opportunities for the industry.贝特曼指出，近年来，由于中国决定开放服务业，特别是取消了某些金融服务业的外资股权上限，该公司在中国的足迹不断扩大。他表示，服务贸易的增长为该行业创造了重大机遇。China boasts the world's largest middle-income group, with per capita GDP of approximately 96,000 yuan in 2024. It is the world's second-largest consumption market and second-largest import market, providing huge opportunities for the world.中国拥有世界上最大的中等收入群体，2024年人均国内生产总值约为9.6万元。它是世界第二大消费市场和第二大进口市场，为世界提供了巨大的机遇。China's efforts to advance high-standard opening-up bring opportunities for shared development and prosperity to countries of the Global South, while improving the global governance system, said Mutinda Mutisya, a senior lecturer in the Department of Diplomacy and International Studies at the University of Nairobi, in an interview with Xinhua News Agency.内罗毕大学外交与国际研究系高级讲师穆廷达·穆蒂西亚在接受新华社采访时表示，中国推进高标准开放的努力为全球南方国家带来了共同发展和繁荣的机遇，同时也完善了全球治理体系。Tolonbek Abdyrov, a professor of economics and vice-rector of the International Higher School of Medicine in Kyrgyzstan, said that steps taken by Chinese policymakers have created a platform for equal participation by the nation's partners, including emerging economies, adding that China's advocacy of the equal rights of all countries to development sends a clear and positive message.吉尔吉斯斯坦国际高等医学院经济学教授兼副院长Tolonbek Abdyrov表示，中国政策制定者采取的措施为包括新兴经济体在内的国家合作伙伴的平等参与创造了一个平台，并补充说，中国倡导所有国家享有平等的发展权利发出了一个明确而积极的信息。Coupled with solid steps in expanding institutional opening-up, such as aligning with high-standard international economic and trade rules, China has also made consistent efforts in improving the business environment, with tangible results.中国在扩大制度开放方面迈出了坚实步伐，如与高标准的国际经贸规则保持一致，同时也在改善营商环境方面做出了持续努力，取得了切实成果。The 2025 China Business Report, published on Wednesday by the American Chamber of Commerce in Shanghai, indicated that over one-third of surveyed US companies believe that China's policies and regulations regarding foreign companies have improved in the past few years. The figure for this year is higher than that for 2024, it said.上海美国商会周三发布的《2025年中国商业报告》显示，超过三分之一的受访美国公司认为，过去几年中国对外国公司的政策和法规有所改善。报告称，今年的数字高于2024年。More than 40 percent of the companies surveyed said they are confident that China will open up further, nearly double the figure for last year, according to the report.报告显示，超过40%的受访公司表示，他们有信心中国将进一步开放，这一数字几乎是去年的两倍。The report also said that more than 70 percent of respondents posted a profit in 2024, an improvement from 2023's record low of 66 percent. The report also highlights the uncertainties that persist in the market, saying that over 60 percent of companies expect new China-US tariffs to affect their 2025 revenue performance. In addition, nearly half of the respondents called for the US government to remove all tariffs and nontariff barriers on Chinese goods.该报告还表示，超过70%的受访者在2024年实现盈利，比2023年66%的历史低点有所改善。该报告还强调了市场上持续存在的不确定性，称超过60%的公司预计中美新关税将影响其2025年的收入表现。此外，近一半的受访者呼吁美国政府取消对中国商品的所有关税和非关税壁垒。Regarding the report, Jeffrey Lehman, chair of AmCham Shanghai, said that one of the interesting results this year is that although the companies still regard the regulatory environment as challenging, they find that the challenges have been reduced since a year ago.关于这份报告，上海美国商会主席杰弗里·雷曼表示，今年一个有趣的结果是，尽管这些公司仍然认为监管环境具有挑战性，但他们发现，自一年前以来，挑战已经减少。"They find that there is improvement in the regulatory environment for American companies over what the situation was last year," Lehman said. "Before, there were a combination of tariff barriers, nontariff barriers, regulatory questions, intellectual property protection issues. In each of those areas, things are improving for American companies."雷曼兄弟表示：“他们发现，与去年相比，美国公司的监管环境有所改善。”。“以前，关税壁垒、非关税壁垒、监管问题、知识产权保护问题交织在一起。在每一个领域，美国公司的情况都在改善。”vitalityn.活力；生命力；热情/vaɪˈtæl.ə.ti/consistentv.使一致/kənˈsɪs.tənt/

Ouça nesta edição do Macro Review, o podcast da equipe econômica do C6 Bank: A França tem um novo primeiro-ministro – o quinto em apenas dois anos.  Agora, o novo premiê indicado por Emmanuel Macron assume a difícil missão de aprovar um orçamento sustentável para 2026, em meio a uma enorme dívida pública, um parlamento dividido e uma onda de protestos pelo país.  O desafio francês, porém, não é isolado. Reino Unido, Estados Unidos e outros países desenvolvidos também enfrentam dificuldades para conter déficits elevados, reflexo de gastos que se acumulam desde a pandemia de covid-19.  Quais são as consequências de carregar uma dívida tão pesada? Entenda também:  - Inflação nos EUA em alta, com corte de juros à vista;  - IPCA tem ligeira melhora e possibilidade de corte de juros surge. No minuto 08:14, Marina Valentini, estrategista de mercados globais do J.P. Morgan Asset Management, analisa como o possível corte dos juros americanos pode influenciar os ativos financeiros daqui para a frente.

Ouça nesta edição do Macro Review, o podcast da equipe econômica do C6 Bank: O Federal Reserve (Fed, banco central dos EUA) está no foco. É grande a expectativa de investidores para saber se os juros americanos voltarão a cair na próxima reunião da autoridade, em setembro.  Há sinais indicando caminhos distintos para os juros. No entanto, o discurso de Jerome Powell, presidente do Fed, na última semana parece ter aberto a porta para a flexibilização das taxas.  Em paralelo a isso tudo, segue a pressão da Casa Branca por juros mais baixos nos Estados Unidos.   Para qual direção o banco central americano pode pender?  No minuto 05:45, Marina Valentini, estrategista de mercados globais do J.P. Morgan Asset Management, também fala sobre as oportunidades de investimento diante dessa expectativa por cortes de juros nos EUA. Entenda, ainda, sobre o aumento da inflação no Reino Unido.  

Watch the video version on YouTube.   Research analysts play a pivotal role in fixed income markets, where active management is crucial due to the vast array of issuers and securities. The fixed income industry encompasses a diverse range of bond sectors, including rates, emerging market debt, municipals, high yield and securitized debt, each offering a unique set of complexities and opportunities for investors to explore. As economic policies evolve, fixed income research analysts navigate heightened volatility, especially in interest rates and credit spreads. Their insights underscore the importance of strategic analysis and investment in quality issuers and assets to effectively address these challenges.   In this episode, Gabriela Santos, Chief Market Strategist for the Americas, is joined by Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management. Together, they share expert perspectives on the evolving fixed income landscape and reflect on insights gathered from fixed income research analysts.   Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify 

Ouça nesta edição do Macro Review, o podcast da equipe econômica do C6 Bank: O Comitê de Política Monetária (Copom) manteve a taxa Selic em 15% ao ano na reunião da última semana.  A pausa veio após sete elevações consecutivas — mas um corte ainda parece estar longe do radar do Banco Central.  No comunicado, a autoridade monetária seguiu com um tom firme, refletindo preocupações com as expectativas de inflação desancoradas (acima da meta), o mercado de trabalho bastante aquecido e as novas tarifas comerciais impostas pelos Estados Unidos ao Brasil.  Diante de um cenário reconhecidamente mais incerto, o que esperar da Selic nos próximos meses? Entenda também:  - Nos EUA, trajetória dos juros em aberto; - PIB menor e inflação controlada na Europa; - O movimento nos mercados globais, por J.P. Morgan Asset Management. No minuto 09:03, Marina Valentini, estrategista de mercados globais do J.P. Morgan Asset Management, faz uma análise sobre a decisão de juros do Fed e de vários dados econômicos dos Estados Unidos que saíram na última semana, além dos impactos das tarifas de importação.  

Watch the video version on YouTube. Commercial real estate has undergone one of the most dramatic shifts in decades. The pandemic upended demand for office space, accelerated the impact of e-commerce on retail and created both turmoil and opportunity across the market. However, commercial real estate is not a single market, it is a mosaic of asset types, geographies and risk profiles. On this episode, Aaron Mulvihill, Global Market Strategist, is joined by Thomas Kennedy, Head of Research and Investment Strategy for Real Estate Americas at J.P. Morgan Asset Management. Thomas was previously the Chief Investment Strategist for J.P. Morgan Private Bank, advising high-net-worth clients. Prior to that, he held various research and policy positions at the Federal Reserve Bank of New York. Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify  Read the On the Minds of Investors article, "What does a higher-for-longer interest rate policy mean for real estate?" written by Aaron Mulvihill and Thomas Kennedy.

Rund 1,1 Billionen Euro sind weltweit in aktive ETFs investiert – Tendenz steigend. Auch in Deutschland zeigt sich der Trend: Zum Jahresende 2024 waren 44 Milliarden Euro in aktive ETFs angelegt – doppelt so viel wie noch 2023. Die Nachfrage ist da. Doch die entscheidende Frage bleibt: Halten aktive ETFs, was sie versprechen? In Kooperation mit J.P. Morgan Asset Management sind wir dieser Frage in unserer aktuellen Studie nachgegangen. Dabei betrachten wir nicht nur die Produktseite, sondern auch die Nutzerperspektive: Wie setzt die Community aktive ETFs konkret ein? Welche Strategien stehen dahinter – und wo sehen Anleger die größten Potenziale? Eure Erfahrungen und Einschätzungen sind ein zentraler Bestandteil unserer Analyse. ++++++++ Bereit für den besten Portfolio Tracker Deutschlands? Der neue Portfolio Tracker von extraETF ist live. Die neue Version sieht anders aus und ist übersichtlicher und einfacher zu bedienen. Sie hat auch viele neue Funktionen. Zum Beispiel die Full-Holdings-Analyse für Fonds und ETFs. Teste jetzt den neuen Portfolio Tracker. https://go.extraetf.com/portfoliotracker ++++++++

La tercera hora de Capital Intereconomía arranca a las 9:00 con la apertura en tiempo real de las bolsas europeas, acompañada del repaso a los futuros americanos, las principales divisas, materias primas y los datos económicos más relevantes del día. En la entrevista destacada, Lucía Gutiérrez-Mellado, directora de Estrategia de J.P. Morgan Asset Management para España y Portugal, adelanta en exclusiva las claves de las perspectivas trimestrales que la gestora presenta oficialmente a las 10:00. El análisis de mercados corre a cargo de Pablo García, director de Divacons-Alphavalue, quien comenta el comportamiento bursátil tras la apertura y las referencias más importantes para los inversores. Cierra la hora el consultorio de bolsa con Javier Alfayate, gestor de fondos, quien responde a las dudas de los oyentes y ofrece recomendaciones de inversión en el contexto actual.

Ouça nesta edição do Macro Review, o podcast da equipe econômica do C6 Bank:  Com o empurrão de ventos externos, a inflação brasileira está tendo uma melhora nos últimos meses. A valorização do real e a queda na cotação de produtos básicos (como grãos e petróleo) ajudaram a promover um refresco para o IPCA. Mas a melhora pode ser de fôlego curto. A economia aquecida e os riscos para o dólar devem manter a inflação brasileira sob pressão. O que esperar daqui em diante? Entenda também:  - Volta do IOF e os problemas fiscais de longo prazo; - Inflação americana sem trégua; - O movimento nos mercados globais, por J.P. Morgan Asset Management.   No minuto 10:20, Marina Valentini, estrategista de mercados globais do J.P. Morgan Asset Management, faz uma análise dos dados da inflação americana e explica como as tarifas comerciais e os rumores sobre a sucessão do presidente do banco central dos Estados Unidos estão impactando os mercados.

GuestJulina Ogilvie, CIMA®, CPWA®, CEPA®Partner | Wealth AdvisorPrinciple Wealth Author & Host Money Confident Girls Book & Podcast Firm Websitehttps://www.principlewealthpartners.com/Firm AUM $2.5BBio:Julina manages wealth for high-net-worth individuals and families in addition to guiding successful advisors through the firm's succession planning strategy. Prior to joining Principle Wealth Partners, Julina held executive roles at J.P. Morgan Asset Management and Lord Abbett & Co. In these roles, she used her extensive knowledge of the capital markets to educate the country's top advisors.Julina is an accomplished speaker and strategist who has presented wealth management concepts to thousands of financial professionals and clients. She has been recognized for her outstanding achievements and serves as a mentor for young women entering the business. With a passion for financial literacy she created a podcast, Women On Wealth, to empower women on financial concepts. Additionally, she authored Money Confident Girls: A Parents Roadmap to Raising Financially Confident Children (From Toddlers to Teens), further solidifying her commitment to fostering financial competence from an early age.Julina resides in Fairfield, CT with her husband Doug, their daughters Kaylin and Sidney, and two dogs Mudd and Sierra. She currently sits on the Ethics Board of the Investments & Wealth Institute, serves as VP of Finance at the Westport Women's Club, and sits on the Board of Directors at River House Adult Day Center. Julina is an avid skier and triathlete whom qualified for the lronman World Championship in 2024.Disclaimer: The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. The statements and opinions expressed in this podcast are those of the author. PWP cannot guarantee the accuracy or completeness of any statements or data. For current PWP information, please visit the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with PWP's CRD #290180.

Watch the video version on YouTube High yield investments in the healthcare sector have been navigating a complex landscape in 2025. Healthcare remains a focal point for policy changes, impacting both equity and credit markets. The healthcare high yield space offers unique opportunities, with issuers often skewing toward provider-based companies like hospital operators and specialized pharmaceutical firms. These entities, while riskier due to revenue concentration, present compelling investment prospects. However, federal policy, particularly around Medicaid, poses significant risks. While tariffs have had limited impact due to domestic supply chains, potential Medicaid cuts could directly affect cash flows. On this episode of Insights Now, Gabriela Santos is joined by Matt Nelson, a credit research analyst covering healthcare and pharmaceuticals at J.P. Morgan Asset Management, to delve into the high yield market's dynamics and the future of healthcare investments. Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify   

Watch the video version on YouTube.  This year has seen significant disruption in trade, driven by tariffs and policy uncertainty. Countries and businesses are navigating these challenges in real time to keep the flow of trade moving smoothly. On this episode, Aaron Mulvihill is joined by Andy Dacy, Head of the Global Transportation Group at J.P. Morgan Asset Management. With over 30 years of experience in the transportation sector, Andy offers a wealth of knowledge and insight. Together, they explore how the current trade and tariff turmoil is impacting the transportation sector, the ways shipping patterns have adapted to geopolitical events worldwide, the potential for reviving shipbuilding in the United States, and the exciting opportunities that exist in transportation beyond shipping. Resources: Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Henry Song is a portfolio manager for Diamond Hill, a asset manager headquartered in Columbus Ohio with approximately $30 bn in AUM. He joined the firm in 2016. Prior to joining Diamond Hill, Henry was a portfolio manager at J.P. Morgan Asset Management from 2005 to 2016.  He specializes in securitized credit. Our conversation races Henry's somewhat unorthodox background and path into running money in fixed income. We discuss the interviews conducted in asset management firm and question whether they are optimized for the right characteristics and strengths. We look at how they might be done differently and how that would improve the cognitive mix within firms. We spend a little time on personality types, especially as assessed by the various psychometric tests that are conducted on teams, and note how certain traits are under-represented. Returning to his own career path we reflect on the importance of living through financial crises and the invaluable petri dish that presents and then discuss market conditions in fixed income today and how investor needs are evolving. In the reflection section we turn to the importance of humanistic approaches in finance, understanding the counterparty, and not making irrational decisions based on fear and greed. Thank you to GCM Grosvenor and Resolute Investment Managers, Inc. for sponsoring Series 3 of 2025. GCM Grosvenor is a global alternative asset management firm with a longstanding commitment to supporting small, emerging, and diverse investment managers. For over 30 years, the firm has developed expertise in funding and guiding these managers as part of its broader activity across alternative investments. With over $20 billion in AUM dedicated to small and emerging managers and $16 billion in AUM dedicated to diverse managers, GCM Grosvenor leverages its experienced team, broad network, and proprietary sourcing capabilities to support their success. Through the Small, Emerging, and Diverse Manager Program, the firm creates opportunities for investors to access a wide range of talent while seeking to drive strong returns and impact. For more information, visit www.gcmgrosvenor.com Resolute Investment Managers, Inc. is a diversified, multi-affiliate asset management platform that partners with more than 30 best-in-class affiliated and independent investment managers. Its unique platform delivers strategic value through a full suite of distribution, operational and administrative services available to affiliates and partners.  

Fresh jobs data top of the hour: Sara Eisen, David Faber, and Wilfred Frost broke down the latest on the heels of new commentary around rates from Fed Chair Powell, before J.P. Morgan Asset Management's Global Strategist joined the team at Post 9 with her bull and bear case for stocks. Plus: the latest from Washington as lawmakers continue to work on passing President Trump's tax and spending bill – and the feud between the President and Elon Musk reignites over government spending and EV credits. One auto expert arguing: Tesla's biggest risk isn't Musk – but China (hear why this hour).  Also in focus: a number of individual movers on the day, including Astrazeneca on reports of a possible re-listing here in the U.S. – the team discussed the news, and talked top healthcare picks with an analyst from Mizuho; More on the catalyst that could push Financials to fresh all-time highs after the bell; And a deep-dive on the data that's driving big gains for shares of casinos with Macao exposure. 

In this episode of Meet the Investor, host Joey Mouracadeh speaks with Regina Liu, APAC Head of Investment Specialists for International Equities at J.P. Morgan Asset Management. As one of the world's largest and most established investment managers, J.P. Morgan Asset Management oversees more than US$1 trillion in equities globally, backed by a deep research platform and a long track record in active investing. Regina outlines the firm's Global Research Enhanced Index (REI) strategy — a benchmark-aware, fundamentally driven approach to equity investing that blends passive index construction with the insights of J.P. Morgan's global research team. She explains how the REI strategy draws on the work of over 90 analysts covering 2,500 companies worldwide, whilst avoiding top-down sector and region bets, instead relying on bottom-up insights to seek incremental alpha while remaining closely aligned to the benchmark. Joey and Regina also discuss how portfolio managers use proprietary tools and data analytics to support decision-making, why local, on-the-ground research remains essential even in an AI-driven world, and how volatility and macro uncertainty can create opportunities for active investors.   Music provided by: Autumn Trumpet Background Corporate by LesFM | https://lesfm.net/ Music promoted by https://www.chosic.com/free-music/all/ Creative Commons CC BY 3.0 https://creativecommons.org/licenses/by/3.0/

In this episode of the Center for Investment Excellence podcast, hosted by David Lebowitz, the focus is on the transportation sector amidst a backdrop of global economic uncertainty. Andy Dacey, CEO and CIO of J.P. Morgan Asset Management's Global Transportation Group, joins the discussion to explore how macroeconomic factors, such as trade tariffs and geopolitical tensions, are influencing transportation assets like shipping, aviation, and rail. The conversation delves into the implications of recent policy changes, the evolving global trade routes, and the strategic considerations for transportation investments.

In this episode of Payne Points of Wealth, Bob, Ryan, Chris & Courtney dive into the critical mistakes that could derail your retirement plans. The recent market volatility caused by recent events like tariff announcements can significantly impact returns if you don't make smart decisions with your money. We'll explore three common missteps that investors often make: Doing Too Much: Reacting impulsively to market drops by pulling out investments can lead to missing subsequent recoveries. We'll discuss why staying the course with a comfortable asset allocation is often the better strategy. Did you know that from 2005 through 2024, seven of the S&P 500's 10 best days occurred within two weeks of the 10 worst days? This insight from J.P. Morgan Asset Management highlights the importance of patience. Losing Sight of the Big Picture: With money in different retirement plans from job changes to holding your savings with different financial institutions, it's easy to lose track of how your overall portfolio is allocated. We'll explain how streamlining your investment strategy can be a game-changer for reaching your financial goals. Forgetting About Fees: Many investors are unaware of the fees they pay on their respective portfolios, mainly because most of these costs can be hidden. We'll shed light on how choosing low-cost options and being mindful of fees can help maximize your returns. A U.S. Government Accountability Office report from 2021 found that 41% of 401(k) participants don't know they pay any fees in their plan. We'll help you become fee-savvy to protect your nest egg. Tune in to learn how to avoid these pitfalls and secure your financial future!

Watch the video version on YouTube.  With economic uncertainty slowing exits and borrowing costs remaining high, investors are becoming more selective in their targets. Meanwhile, groundbreaking advancements in AI and other technologies are driving compelling growth stories, yet those not involved in the startup and growth phases risk missing out on significant value creation before these companies hit the stock market. On this episode, Aaron Mulvihill is joined by Paris Heymann, co-managing partner of Growth Equity Partners at J.P. Morgan Asset Management, who has an impressive career in venture and growth investing. They explore key themes affecting venture and growth investing, including how venture capital is adapting to longer holding periods, strategies for valuations and pricing in the current environment, the transformative impact of AI and the convergence of public and private markets. Resources: Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Braucht es überhaupt Anleihen aus Emerging Markets im Depot von Privatanlegern? Ja, sagt Zsolt Papp, Bonds-Spezialist bei J. P. Morgan Asset Management im Interview. Sie sind sogar oft spannender, als Aktien aus den Wachstumsregionen – dank zweistelliger Renditen und einer deutlich niedrigeren Volatilität. Der Fondsmanager erklärt, welche Schwellenländer jetzt attraktiv sind, was Argentien mit Milei zu bieten hat und wo sich ein Einstieg nicht mehr lohnt.

Season 3, Episode 1: In this episode, co-hosts Jack Stone and Alex Gornik are joined by Tom Kennedy, Head of Research and Investment Strategy for Real Estate Americas at J.P. Morgan Asset Management. A "recovering central banker," Tom drops some of the boldest predictions we've heard, including a direct callout to the Federal Reserve. Tom reveals why your portfolio strategy might be in trouble, shares insider data impacting half of America, and tells you where to place your bets for 2025. TOPICS 00:00 – Introduction 05:47 – From Fed to JP Morgan 12:15 – JP Morgan's Bold CRE Prediction 18:32 – How Deglobalization Changes Everything 25:16 – Multifamily: The Most Obvious Investment Play 32:45 – Data Centers: Real Estate or Infrastructure? 38:12 – The Death of 60/40 and Rise of Alternatives 44:28 – Immigration, AI, and Labor Market Disruption 49:15 – Interest Rates and Fed Independence Shoutout to our sponsor, InvestNext. One platform to raise and manage capital for real estate investment. For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/ Watch this episode on YouTube: https://www.youtube.com/@NoCapCREDaily About No Cap Podcast Commercial real estate is a $20 trillion industry and a force that shapes America's economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry's biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate. About CRE Daily  CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.

Europäische Aktien haben sich, trotz der Wachstumsschwäche, in diesem Jahr besser entwickelt als US-Werte. Kann das noch weiter gehen? Die Chance ist große, sagt Jon Ingram, Portfolio-Manager und Europa-Experte bei J. P. Morgan Asset Management im Interview. Auch nach der Hausse der vergangenen Monate sieht die Bewertung für europäische Aktien fantastisch aus. Ingram erklärt, warum Europa weitere Potenzial hat, welche Chancen die neue Bundesregierung bietet und welche Sektoren in Europa jetzt zu seinen Favoriten gehört.

On this episode of Animal Spirits: Talk Your Book, ⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠Ben Carlson⁠⁠⁠⁠⁠ are joined by Scott Blasdell, Portfolio Manager and Don San Jose, Chief Investment Officer of the U.S. Value Team at J.P. Morgan to discuss what value means today, looking for quality within value, why valuation still matters, why the wine business is in trouble, and much more! Find complete show notes on our blogs... Ben Carlson's ⁠⁠⁠⁠⁠A Wealth of Common Sense⁠⁠⁠⁠⁠ Michael Batnick's ⁠⁠⁠⁠⁠The Irrelevant Investor⁠⁠⁠⁠⁠ Feel free to shoot us an email at ⁠⁠⁠⁠⁠animalspirits@thecompoundnews.com⁠⁠⁠⁠⁠ with any feedback, questions, recommendations, or ideas for future topics of conversation. Check out the latest in financial blogger fashion at The Compound shop: ⁠⁠⁠⁠⁠https://www.idontshop.com⁠⁠⁠⁠⁠ Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. See our disclosures here: ⁠⁠⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠⁠⁠⁠⁠ The Compound Media, Incorporated, an affiliate of ⁠⁠⁠⁠⁠Ritholtz Wealth Management⁠⁠⁠⁠⁠, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ⁠⁠⁠⁠⁠https://ritholtzwealth.com/advertising-disclaimers⁠⁠⁠⁠⁠. J.P. Morgan Disclosure: Investing involves risks, including loss of principal. J.P. Morgan Asset Management is the marketing name for the asset management business of JPMorgan Chase & Co. and its affiliates worldwide. Learn more about your ad choices. Visit megaphone.fm/adchoices

On WSJ's Take On the Week, co-hosts Telis Demos and Gunjan Banerji start the show by diving into the latest tariff updates. What does the ruling from the U.S. Court of International Trade mean for investors? Plus, the co-hosts look ahead to the upcoming jobs report for insight on economic uncertainties, including what indicators may point toward a recession.   Later on the show, David Kelly, J.P. Morgan Asset Management's chief global strategist and head of the firm's global market insights strategy team, explains why international markets are outperforming the U.S. and what the ongoing trade tensions mean for investors' portfolios. He shares insights on the weakening U.S. dollar, the importance of global investment diversification, and which regions investors should keep in mind. This is WSJ's Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street's banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We'd love to hear from you. Email the show at takeontheweek@wsj.com. To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com  Further Reading   Tariff Ruling Is a Setback for Trump but Doesn't End Trade War  How the Reversal of the ‘American Exceptionalism' Trade Is Rippling Around the Globe  As Markets Swooned, Pros Sold—and Individuals Pounced  For more coverage of the markets and your investments, head to WSJ.com, WSJ's Heard on The Street Column, and WSJ's Live Markets blog. Sign up for the WSJ's free Markets A.M. newsletter.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Watch the video version on YouTube.  Over the last two decades, the alternative investment industry has undergone significant changes globally as investors at all levels increasingly seek the unique returns and diversification benefits these assets offer within their portfolios. With the growing popularity of alternative investments, there's an increasing need for thought leadership to guide investors through the historic and current dynamics of various alternative asset classes. In this episode, Aaron Mulvihill is joined by Kerry Craig and Aaron Hussein, both Global Market Strategists at J.P. Morgan Asset Management. Together, they will delve into the alternative investment industry across different markets worldwide and share valuable insights gathered from clients on the road. Resources: Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Are Trump's unfunded tax cuts trashing America's “exorbitant privilege”? Has Europe stopped being "goodie goodie" and is it at last going for growth? Do Reeves's fiscal rules hurt her by ramping up damaging speculation? Steph and Robert speak with Karen Ward, Chief Market Strategist for EMEA at J.P. Morgan Asset Management. Visit: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://monzo.com/therestismoney/⁠⁠ Email: restismoney@gmail.com X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhanger.com Video Editor: Teo Ayodeji-Ansell Producers: India Dunkley & Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ist die Korrektur an den Aktienmärkten vorbei? Oder war die Erholung nur ein Strohfeuer? Im Moment ist alles möglich, sagt Tilmann Galler, Kapitalmarktstratege von J. P. Morgan Asset Management im exklusiven Interview. Alles hängt an Donald Trump. Ist der Druck aus der Wirtschaft groß genug, dass er im Zoll-Streit auf einen moderaten Pfad zurückkehrt, war die jüngste Erholung gerechtfertigt. Aber Anleger sollten unbedingt bedenken: Zieht er noch ein Zoll-Kaninchen aus dem Hut, wie jüngst für die Pharma-Industrie angedroht, dann ist es mit der Erholung auch schnell vorbei. Aber die Zeit drängt. Noch hat die US-Wirtschaft einen Puffer von vielleicht 60 Tagen. Denn die Wirtschaft hat viele Aufträge vorgezogen und die Lager vollgemacht. Wird in dieser Zeit keine Lösung gefunden, "dann fängt es an zu knirschen". Wir sprechen mit Tilmann, warum es Sinn macht, die Gewichte im Depot zu verschieben, weniger US-Aktien hin zu europäischen Werten, warum Europas Unternehmen nach wie vor attraktiver sind, wann es interessant wird, Tech-Werte aufzukaufen und die USA wieder höher zu gewichten. Außerdem verrät Tilmann, wie interessant die Märkte China und Japan derzeit sind und was seine persönlichen Lieblingsspots in Japan sind.

David Kelly, chief global strategist at J.P. Morgan Asset Management, says that using tariffs "is like throwing a grenade as an offensive weapon when you are in a small room. You are much more likely to damage yourself than anybody else," which is why he is expecting the Trump Administration to back away from its heavy demands rather than go into a trade war. Despite being "one Tweet away from a solution," Kelly worries that the economy will suffer damage — particularly if it's not cleared up soon — but he notes that he does believe a recession is in the offing, with the good news being that he thinks that slowdown will be shallow and short-lived, passing by the end of the year. Peter Chung, director of research at Presto Research, a firm that trades digital assets, checks in on Bitcoin and other cryptocurrencies and discusses their strong rebound since taking a nosedive along with the stock market heading into "Liberation Day" and through the subsequent downturn; he discusses how digital assets are being impacted by tariff concerns. Plus Andrew Kohl, portfolio manager for Aberdeen Investments' Total Dynamic Dividend and Global Dynamic Dividend funds, says investors can find strong payouts and good valuations buying foreign dividend-paying stocks, noting that many companies can keep rolling regardless of trade policy outcomes in the coming months. He also names two of his favorite dividend plays for the current market.

It has been a busy and volatile month in the markets, one that certainly reminded us of the value of being diversified across public as well as private markets. Alternative investments have historically been limited to institutions like pension funds and insurance companies, due to high investment minimums and a high level of complexity. But that's changing, with more investment options becoming available for individual investors like you and me. On this episode, Aaron Mulvihill is joined by Jed Laskowitz, Global Head of Private Markets and Customized Solutions for J.P. Morgan Asset Management, to talk about the alternatives market landscape and how the industry is evolving. Resources: Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Watch the video version of YouTube.  In our thirteenth season of Insights Now, we delved into the research that informed our portfolio managers' investment strategies. Gabriela Santos engaged in insightful discussions with top-tier buy-side equity research analysts from J.P. Morgan Asset Management, covering a diverse array of sectors such as semiconductors, payments and fintech, industrials, utilities, healthcare, and financials. For the last episode of the season, Gabriela Santos, Chief Market Strategist for the Americas, and David Kelly, our Chief Global Strategist, reflected on the most memorable highlights from that season's extensive conversations. Additionally, they answered the top three questions frequently received from clients, which unsurprisingly revolved around economic policies emerging from Washington, D.C., and their potential impacts on the economy and markets. Resources: Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Barron's Senior Managing Editor Lauren R. Rublin, Deputy Editor Ben Levisohn and David Kelly, chief global strategist of J.P. Morgan Asset Management discuss the outlook for financial markets, industry sectors, and individual stocks. 

Watch the video version on YouTube. In this episode of Alternative Realities, we explore the dynamic world of private credit with Aaron Mulvihill, Global Market Strategist at J.P. Morgan Asset Management, and Lynnette Ferguson, Global Co-Head of Investment Specialists for J.P. Morgan Alternative Asset Management, as they discuss the significant growth of private credit over the past decade and its role as a competitive alternative to traditional bank lending.   The conversation delves into the benefits private credit offers to both borrowers and investors, the interplay between private credit and private equity, and the emerging trends in asset-backed lending. Lynnette shares insights from her extensive experience in the industry, including lessons learned from the 2008 financial crisis and the importance of relationships in private credit.   Tune in to gain a deeper understanding of how interest rates, economic environments and regulatory changes impact the private credit market.   Resources: For more resources on Alternatives, visit our Guide to Alternatives, Principles of Alternatives Investing, and Alternatives 2025 Outlook Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Watch the video version on YouTube. Financials, the second largest sector in the S&P 500, has had its fair share of ups and downs in recent years. As the Federal Reserve kicked off its aggressive rate hiking campaign in 2022, the yield curve inverted, loan growth slowed and M&A activity plummeted, all of which hampered earnings growth. Then, in March 2023, the failures of several U.S. regional banks sparked concerns about the health of the banking sector and commercial real estate market. The dust from this crisis gradually settled, which, in conjunction with Fed rate cuts and a resilient consumer, helped the sector gain over 30% in 2024. In fact, financial deregulation is now top of mind, with the Trump administration recently naming “regulatory dove” Michelle Bowman as the Federal Reserve's next Vice Chair of Supervision. Prospects for increased deregulation, in addition to trends in consumer spending, will be key themes moving forward. Companies in financials tend to be represented in the value style and can be a good complement to growth exposure, especially the Magnificent 7. On this episode of Insights Now, Gabriela Santos, is joined by Laura Huang, an equity research analyst covering financials at J.P. Morgan Asset Management, to discuss Laura's day-to-day, and what she is seeing across her sector. Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Watch the video version on YouTube.  In this episode of Alternative Realities, we delve into the transformative landscape of venture and growth equity investing with a focus on technology and healthcare. Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, is joined by Patrick McGoldrick, Managing Partner of J.P. Morgan Private Capital, to discuss the evolution and current landscape of venture capital. The conversation highlights the high-risk, high-reward nature of venture capital, the importance of skilled management and the strategic approach J.P. Morgan employs in identifying investment opportunities. Join us as we explore the competitive advantages J.P. Morgan Asset Management offers as a partner to its portfolio companies and uncover the potential of venture and growth equity investing in today's market.   Resources: For more resources on Alternatives, visit our Guide to Alternatives, Principles of Alternatives Investing, and Alternatives 2025 Outlook Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureCEO Jamie Dimon is calling it, recession is coming. We are already in a recession, Trump will pull us out of it. Ds trying to stop Trump's tariffs. Countries ready to negotiate, Trump pauses tariffs for those countries. China and the EU fight back with reciprocal tariffs, this will not end well for them. Trump main target is the Fed. The [DS] is still trying to use judges to stop Trump's agenda, in the end this will fail. They are trying to use judges in the correct jurisdiction. Trump has set the timeline for the [DS] treasonous acts. Trump will show how the [DS] committed treasonous against the US. In the end Trump will have the final move, checkmate.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/KobeissiLetter/status/1909947842845614115   https://twitter.com/WallStreetMav/status/1909935573772738708 Schumer: We Want to Take Tariff Authority from Trump We Allowed Biden to Have Because Trump's ‘Going So Overboard'  Chuck Schumer (D-NY) r  “Congress has always had the power to deal with tariffs, and we've always had these fights in the past on some of the tariff issues as well. But now that Trump is going so overboard, Congress can, has every legal authority to take those powers back, and that's what we aim to do.”  Source: breitbart.com https://twitter.com/disclosetv/status/1909961646929301808 China is the Auto Capital of the World  China is the world's largest car producer and exporter. A little-known fact is that China first became the world's largest car exporter back in 2023, with low-cost EV companies BYD and Chery in the spotlight. The nation's auto sector has been steadily expanding since then, with Chinese brands reaching an all-time high of 69.4% of domestic passenger vehicle market share in Q1 2025. Overall, China exported 5.86 million vehicles in 2024, a 19.3% annual increase. Mexico, Russia, Brazil, and the UAE were the top buyers. China sold 4.96 million passenger vehicles (19.7% YoY increase), 900,000 commercial vehicles (17.5% YoY increase), and 1.28 million new energy vehicles, as well as 987,000 battery-electric vehicles. Japan is the world's second-largest car exporter, exporting 4.22 million vehicles in 2024. This marked a -4.5% decline from 2023. Toyota remains Japan's leading vehicle, accounting for $312.28 billion in revenue and 830,048 million vehicles. Germany is holding onto third place in auto exports. In 2024, Germany exported 3.4 million passenger cars, marking a 2.5% annual increase. Around 25.9% of all vehicles exported from Germany last year were electric. Volkswagen Group remains Germany's star, generating $354.86 billion in revenue for the year. Source: armstrongeconomics.com Scott Bessent Reminds China They Need Access To US Market Far More Than America Needs Access To Their Economy Treasury Secretary Scott Bessent warned that China's decision to retaliate against President Donald Trump's tariffs will ultimately backfire. China announced it is raising tariffs on American goods from 34% to 84% in response to Trump hiking tariffs on Chinese goods from 54% to 104%,   Bessent  thats because China exports far more to the U.S. than it imports, it has more to lose in a trade war. China exported $438.9 billion worth of goods to the United States in 2024 while the U.S. exported $143.5 billion to China, according to the U.S. Trade Representative. Consumer spending in America makes up nearly 70% of its Gross Domestic Product (GDP), according to J.P. Morgan Asset Management.

Watch the video version on YouTube.  As the world emerged from the pandemic, healthcare companies encountered several challenges, including declining COVID-19-related revenues, increased R&D expenses and rising labor costs, all of which impacted earnings. Although the sector began to recover from its prolonged earnings slump in 2024, performance remained sluggish. Healthcare stocks rose just 2.6% last year, with performance suffering most after the election. Importantly, the healthcare sector is comprised of a range of sub-industries and performance beneath the surface has diverged. For example, as the sector has addressed the backlog of elective procedures delayed during the pandemic, healthcare facilities and equipment manufacturers have performed well, while insurers have struggled. When seeking exposure to growth themes driving markets, investors often overlook healthcare in favor of other sectors. That said, whether it be GLP-1 drug development or AI-powered customized therapies, the reality is that the sector is at the epicenter of transformational change. Looking ahead, healthcare earnings are set to improve in 2025. However, policy actions taken by the incoming administration could meaningfully alter the sector's landscape. On this episode of Insights Now, Gabriela Santos, is joined by Holly Morris, an equity research analyst covering the healthcare sector and a portfolio manager here at J.P. Morgan Asset Management. Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Income-ETFs versprechen regelmäßige Ausschüttungen durch eine geschickte Kombination von Aktien- und Optionsstrategien. Doch wie funktioniert das in der Praxis? In diesem Exklusiv-Interview mit Ivan Durdevic von J.P. Morgan Asset Management sprechen wir über die JPM Equity Premium Income UCITS ETFs (JEPG, JEPI, JEPQ) – eine neue Generation von ETFs, die Renditen von bis zu 11 Prozent anstreben. Viel Spaß beim Anhören! ++ Werbung ++ Eine Welt. Ein ETF: Der Invesco Welt-ETF hat ein verwaltetes Vermögen von über 1 Milliarde US-Dollar erreicht. Hier sind 3 Gründe, zu investieren: Diversifizierung: Zugang zu mehr als 4.000 Unternehmen weltweit. Kosteneffizienz: Mit nur 0,15 % Gebühren pro Jahr eine der günstigsten Investitionsmöglichkeiten. Zeit auf dem Markt: Bleib langfristig investiert, um Marktvolatilität zu überstehen und potenziell höhere Renditen mit ETFs dieser Art zu erzielen. Entdecke mehr dazu auf https://go.extraetf.com/invesco-podcast-FTSE-All-World-UCITS-ETF-26032025 - Kapitalanlagerisiko ++++++++

Watch the video version on YouTube.  In this episode of Alternative Realities, we explore the world of timber as an alternative investment asset class. Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, is joined by Angela Davis, President of Campbell Global, a subsidiary of J.P. Morgan Asset Management, to explore the unique benefits and opportunities timber offers to investors. The discussion covers the perpetual lifecycle of timber forestry, the global footprint of Campbell Global's forest management and the sustainable nature of timber as a climate-friendly product. The conversation also touches on the impact of tariffs, environmental regulations and the growing demand for sustainable building products. Join us as we uncover the potential of timber in providing diversification and protection during periods of market volatility and learn about the exciting developments in carbon offsets and their significance in the timber industry.   Resources: For more resources on Alternatives, visit our Guide to Alternatives, Principles of Alternatives Investing, and Alternatives 2025 Outlook Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Watch the video version on YouTube.  Utilities have traditionally been known for their defensive properties, which makes the combination of robust economic growth, technological excitement and elevated bond yields an unlikely recipe for their strong performance. That said, the sector's 23% gain kept pace with the broader market last year. In 2025, this momentum should continue. After two decades of stagnant power demand, the electrification of the U.S. economy and the intense power needs of generative artificial intelligence should prompt demand to inflect higher. Additionally, with our aging grid infrastructure and more frequent extreme weather events, finding enough capacity to provide adequate electricity supply won't be easy. These themes, and others, should highlight winners across the utilities sector. For investors looking to diversify tech exposure, utilities could offer an attractive way to invest in the many themes driving markets today, but with a very different wrapper. To share what she's seeing across the utilities sector, Gabriela Santos, my new co-host, will be joined by Teresa Kim, a utilities-focused equity research analyst here at J.P. Morgan Asset Management. Resources: Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Watch the video version on YouTube.  In this episode of Alternative Realities, we explore the dynamic world of alternative investments and their increasing accessibility to a broader range of investors. As these asset classes become more mainstream, we discuss their role in diversifying portfolios and enhancing returns. Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, is joined by David Lebovitz, Managing Director and Strategist at the Multi-Asset Solutions Group, to discuss the inception and evolution of the Guide to Alternatives. They delve into the structure and importance of alternative investments, the integration of alternatives into multi-asset portfolios and the challenges of sizing these allocations.   Resources: For more resources on Alternatives, visit our Guide to Alternatives, Principles of Alternatives Investing, and Alternatives 2025 Outlook Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Watch the video version on YouTube.  Despite lagging the broader index, industrial stocks performed well in 2024, gaining over 17% on a total return basis. Sector fundamentals, however, have been more challenged. After an impressive post-COVID recovery supported double-digit earnings growth in 2022, industrial earnings have been in the doldrums alongside U.S. manufacturing activity. In fact, on a year-over-year basis, the sector is on pace to see earnings contract for the last three quarters of 2024. That said, prospects ahead look brighter. With AI and policy tailwinds, increased focus on domestic infrastructure investment and the Fed now easing policy, earnings growth is expected to accelerate in 2025, providing investors with a broad menu of investment options to choose from within the sector. On this episode, Gabriela Santos, is joined by Rob Maloney, an equity research analyst covering industrials and a co-portfolio manager here at J.P. Morgan Asset Management. Resources: Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Get an inside look at what's shaping my thinking. Bi-weekly, I share the top 5 investing and financial planning articles I'm reading—straight to your inbox. Sign up for my newsletter. -----  What's ahead for markets in 2025? In this episode, I'm joined by Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, to break down key economic and market trends shaping the year ahead.  Listen now and learn: ► How economic forecasts are built—and how investors should use them ► The outlook for GDP growth, inflation, and interest rates in 2025 ► The impact of policy changes, including tax cuts, tariffs, and fiscal stimulus ► Why global diversification matters more than ever ► The role of AI in the economy and what it means for investors Dr. Kelly's insights cut through the noise and focus on what really matters for long-term investors. Don't miss this deep dive into the forces driving markets in 2025! Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. (02:15) How Economic Forecasts Are Built (05:30) The U.S. Economic Outlook for 2025 (06:45) Policy Changes That Could Shape 2025 (12:30) Why Interest Rates Are Rising (16:30) The National Debt: Should Investors Worry? (23:15) Market Concentration and the “Magnificent Seven” Stocks (26:00) Why U.S. Investors Should Diversify Globally (31:00) The Potential and Risks of AI (32:33) Final Thoughts and Where to Follow Dr. David Kelly   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Watch the video version on YouTube.  When people think of the financial sector, they typically think of boring businesses like banks or insurance companies. But the ongoing global shift to electronic payments has created a new, growthier industry of financial technology companies. These businesses tend to feature recurring revenues, high free cash flow, and low capital expenditures. The financial services sector, which houses Visa and Mastercard, returned 28% last year, while the consumer finances sector, home to credit card companies like American Express and Capital One, returned 55%, outperforming the Magnificent 7. Continued growth in consumer spending, a steeper yield curve, and prospects for deregulation could support further upside, though there are risks if regulatory relief isn't as significant as markets expect. Nonetheless, for investors looking for high-quality growth opportunities outside of mega-cap tech, fintech could certainly be a good place to start. On this episode of Insights Now, my new co-host, Gabriela Santos, will be joined by David Chan, an equity research analyst covering payment and business services companies here at J.P. Morgan Asset Management, to discuss what David is seeing across this space. Resources: Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

Watch the video version on YouTube.  In this episode of Alternative Realities, we delve into the evolving landscape of alternative investments and their growing role in institutional portfolios. As the world of alternative investing becomes more accessible, we'll explore how institutions have historically leveraged these assets for diversification and enhanced returns. Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, is joined by Kathryn Pasqualone, Client Advisor within our North America Institutional business, to discuss key themes such as vintage year diversification, liquidity considerations, and the importance of strategic and tactical asset allocation.   Resources: For more resources on Alternatives, visit our Guide to Alternatives, Principles of Alternatives Investing, and Alternatives 2025 Outlook Subscribe to the Notes on the Week Ahead podcast for more insights from Dr. David Kelly: Apple Podcasts | Spotify

On this episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson are joined by Jon Maier, Chief ETF Strategist and Shayan Hussain, Head of U.S. Investment Specialists at J.P. Morgan Asset Management to discuss the growth of ETF products, asset flows in and out of thematic ETFs, fixed income benchmarking, active investing with fixed income, and much more! Find complete show notes on our blogs... Ben Carlson's A Wealth of Common Sense Michael Batnick's The Irrelevant Investor Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed.   Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Investors should carefully consider the investment objectives and risks as well as charges and expenses of the JPMorgan ETF before investing. The summary and full prospectuses contain this and other information about the ETF. Read the prospectus carefully before investing. Call 1-844-4JPM-ETF or visit www.jpmorganETFs.com to obtain a prospectus. Source: Morningstar. JEPI AUM based on 2023 Global Actively Managed ETF AUM as of 11/30/24. Equity Premium Income ETF JEPI RISK SUMMARY: The price of equity securities may fluctuate rapidly or unpredictably due to factors affecting individual companies, as well as changes in economic or political conditions. These price movements may result in loss of your investment. Investments in Equity-Linked Notes (ELNs) are subject to liquidity risk, which may make ELNs difficult to sell and value. Lack of liquidity may also cause the value of the ELN to decline. Since ELNs are in note form, they are subject to certain debt securities risks, such as credit or counterparty risk. Should the prices of the underlying instruments move in an unexpected manner, the Fund may not achieve the anticipated benefits of an investment in an ELN, and may realize losses, which could be significant and could include the Fund's entire principal investment. Investing involves risks, including loss of principal. JPMorgan Distribution Services, Inc. is a member of FINRA. Learn more about your ad choices. Visit megaphone.fm/adchoices

My guest today is Dr. David Kelly, Chief Global Strategist and Head of the Global Market Insights Strategy Team for J.P. Morgan Asset Management. In today's episode, Dr. David Kelly discusses various economic themes, including inflation, consumer sentiment, the value of the dollar, and the government deficit. He also covers the current state of global markets and urges listeners to reassess their risk exposure in light of recent wealth gains. (1:13) Economic outlook (4:12) Consumer behavior (8:24) Stocks and gold 2024 performance (13:27) US dollar and deficit concerns (20:44) Long-term capital market assumptions (26:52) Regional opportunities (33:09) David's favorite charts (36:56) Thoughts on immigration (39:37) Nonconsensus views on the federal deficit ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: Twitter | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  Learn more about your ad choices. Visit megaphone.fm/adchoices

On episode 161 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by David Kelly, Chief Global Strategist at J.P. Morgan Asset Management, to discuss: inflation, the economy vs the market, the downside of a strong dollar, the problem with tariffs, and much more! Thanks to Public for sponsoring this episode! Visit: http://public.com/compound to lock in a 6% or higher yield with a Bond Account. Sign up for The Compound Newsletter and never miss out! https://www.thecompoundnews.com/subscribe Instagram: https://instagram.com/thecompoundnews Twitter: https://twitter.com/thecompoundnews LinkedIn: https://www.linkedin.com/company/the-compound-media/ Public Disclosure: A bond account is a self-directed brokerage account with Public Investing, a member of FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond's yield is a function of its market price, which can fluctuate; therefore, a bond's YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See https://public.com/disclosures/bond-account to learn more. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices