Why has JP Morgan’s CEO reversed his outlook on the economy? Jamie Diamon explains the change in his position in a shareholder letter released Tuesday. • Investors can help protect their portfolios as the Fed hikes rates. During the fastest period of hikes in decades, Schwab’s asset management team offers their advice. • There’s a reason why investors look forward to April. Malika Mitra reports on historical trends for this month and how stocks may benefit from them.
JP Morgan Chase CEO Jamie Diamon Feels Pretty Sunny About The Economy — The U.S. economy is healthy — and is going to remain healthy for decades to come. So says JPMorgan Chase CEO Jamie Dimon in his annual shareholder letter, released Tuesday morning. Why the reversal of his views? Felix Salmon of Axios Markets explains the change. Read more…
2023 Quarterly Market Outlook: Fed on the Brink? — The reality, for those trying to guess what the Fed may do next, is that recent issues in the banking system will likely continue to be important factors in the Fed’s thinking. It’s not a stretch to say these are unlikely to be contained easily, for the simple reason that we are only starting to wring out the excesses of easy money and ample liquidity. Read more…
Why April Could Be A Strong Month For The Stock Market — We just started what’s typically one of the best months of the year for the stock market. Past performance is, as always, not a guarantee of how stocks will behave in the future. But looking at seasonality can give us insight into how stocks typically perform at certain times of the year — including the month of April. Read more…
John R. Day, Bill Ennis, and Matt Heller