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Read More »JPMorgan CEO Estimates Probability of Recession on Client Call: Yahoo
JPMorgan CEO Jamie Dimon spoke to some of the bank’s wealthy clients on a call Tuesday, Yahoo reported. He said there’s a 20-30% chance of a “harder recession” and equal odds of “something worse.” He described current risks as “storm clouds,” an apparent downgrade from his June warning of a “hurricane.” … Source link
Read More »Nomura Warns of ‘Significant’ Loss From Unnamed U.S. Client
TipRanks Goldman Sachs Bets on These 3 Stocks; Sees Over 50% Upside Potential What goes up must come down, as we all know. This fact of physics is the underlying worry of the stock market, that fuels our suspicions of bubbles. But investment firm Goldman Sachs doesn’t believe we should worry; the firm’s chief global equity strategist Peter Oppenheimer gives several reasons to expect that the market’s current upward trend is real. His key points include the equity risk premium, the real… Source link
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