Skip to main content
logo
  • Products

    Funds

    • Performance & Yields
    • Liquidity
    • Ultra-Short
    • Short Duration
    • European Domiciled Product Offering

    Solutions

    • Cash Segmentation
    • Separately Managed Accounts
    • Managed Reserves Strategy

    Fund Information

    • Regulatory Updates
  • Insights

    Liquidity Insights

    • Liquidity Insights Overview
    • Audio Commentaries
    • Case Studies
    • Leveraging the Power of Cash Segmentation
    • Cash Investment Policy Statement
    • China Money Market Resource Centre

    Market Insights

    • Market Insights Overview
    • Eye on the Market
    • Guide to the Markets
    • Market Updates
    • ESG Explained

    Portfolio Insights

    • Portfolio Insights Overview
    • Currency
    • Fixed Income
    • Long-Term Capital Market Assumptions
    • Sustainable Investing
    • Strategic Investment Advisory Group
  • Resources
    • MORGAN MONEY
    • Global Liquidity Investment Academy
    • Account Management & Trading
    • Multimedia
    • Announcements
  • About us
    • Diversity, Equity & Inclusion
  • Contact us
  • English
  • Role
  • Country
  • MORGAN MONEY LOGIN
    Search
    Search
    Menu
    You are about to leave the site Close
    J.P. Morgan Asset Management’s website and/or mobile terms, privacy and security policies don't apply to the site or app you're about to visit. Please review its terms, privacy and security policies to see how they apply to you. J.P. Morgan Asset Management isn’t responsible for (and doesn't provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the J.P. Morgan Asset Management name.
    CONTINUE Go Back
    1. Insights

    • LinkedIn Twitter Facebook Line

    Insights to empower better decisions

    Tools and resources necessary to help you make informed investment decisions and build stronger portfolios

    EXPLORE OUR FLAGSHIP INSIGHTS

    Read more

    Liquidity Insights

    Discover our vast array of liquidity insights covering global investment news and trends.

    Read more
    Market Insights

    Market Insights

    Simplify the complex with our thought-provoking insights written by our global team of strategists.

    Read more
    Read more

    Eye on the Market

    Explore timely commentary on the economy, markets, and investment portfolios by Michael Cembalest.

    Read more
    Portfolio Insights

    Portfolio Insights

    Get perspectives and analysis from our investment teams to help guide portfolio decisions.

    Read more

    OUR EXPERTS CAN GUIDE YOU THROUGH PERIODS OF EXTREME TURBULENCE

    LIQUIDITY INSIGHTS EYE ON THE MARKET MARKET UPDATES
    LIQUIDITY INSIGHTS

    PBOC RRR cut – Front Loading Policy Support

    On Friday 17th March, the People’s Bank of China (PBOC) announced a broad-based 25bps Reserve Requirement Ratio (RRR) rate cut, releasing additional liquidity into the banking system and reducing commercial bank funding costs.

    Read more

    ECB sticks with 50bps hike, despite market turmoil

    The European Central Bank (ECB) acted on February’s forward guidance by increasing key interest rates by 50 basis points (bps), despite current market volatility.

    Read more

    Reserve Bank of Australia - A pivot to less hawkish

    At its monetary policy meeting on the 7th of March, the Reserve Bank of Australia (RBA) hiked its Overnight Cash Rate by 25bps to an eleven-year high of 3.60%. The rate hike was widely anticipated following last month’s hawkish pivot.

    Read more

    Hong Kong Interest Rates – rational confusion

    The HKMA intervened to defend the peg and purchased HKD 19bn on February 14-15. This has reduced its aggregate balance to HKD 77bn, the lowest level in almost three years.

    Read more

    RBA – No pause yet

    At its first monetary policy meeting of 2023, the Reserve Bank of Australia (RBA) raised its Overnight Cash Rate by 25bps to 3.35%. The move represents the ninth consecutive hike in the current cycle, and the accompanying statement was more hawkish than expected.

    Read more

    ECB stays the course towards inflation reduction

    The European Central Bank raised its key interest rates by 50 basis points, in line with expectations to a 15-year high of 3.00%. In the accompanying statement and subsequent press conference, the ECB maintained its hawkish tone, signalled an intention to increase rates by a further 50 bps in March.

    Read more

    UK turns a corner but risks remain large

    The Bank of England raised the Bank Rate by 50 basis points to 4.00% in a split 7-2 vote as a tight labour market and continued domestic wage and price pressures justified a tenth consecutive increase.

    Read more

    On The U.S. Debt Ceiling

    To prevent the United States from defaulting on its payment obligations, the Treasury will now be forced to utilize its cash balances and take steps towards “extraordinary measures.”

    Read more

    The Bank of England “strikes” again

    At its 14 December monetary policy meeting, the Bank of England voted to raise the Bank Rate by 50bps to 3.50%, bringing borrowing costs to their highest level since 2008.

    Read more

    ECB reduces the rate hike but increases the rhetoric

    At its last monetary policy meeting of 2022, the ECB increased all key interest rates by 50 bps, bringing the refinancing rate to 2.50%, the marginal lending facility to 2.75% and the deposit facility rate to 2.00%. This rate hike was a step down from the 75-bps increases of the previous two meetings.

    Read more

    Downshift, but still hiking

    The FOMC unanimously decided to downshift to a smaller but, in the words of Fed Chairman Jerome Powell, “still historically large increase” of 50 bps.

    Read more

    RBA – debating hikes and lags

    At their final monetary policy meeting of 2022, the Reserve Bank of Australia raised its Overnight Cash Rate by 25bps to a decade high of 3.10%.

    Read more

    PBoC cuts RRR – A renewed dovish signal

    On Friday 25 November, the People’s Bank of China announced a 25bps Reserve Requirement Ratio cut. In the accompanying statement, the PBoC confirmed the RRR cut was part of a package of measures to support economic growth.

    Read more

    Stepping out for the Fed pivot

    After a series of jumbo rate hikes, it appears most investors are anticipating a pivot from the US Federal Reserve. However, the elevated level of inflation and resilience of the economy mean that rate cuts are unlikely for some time.

    Read more

    Bank of England joins the 75bps club, but don’t expect a repeat!

    At its 3 November monetary policy meeting, the BoE finally joined the 75bps rate hike club, increasing the base rate to 3.00%, the highest level in almost 14 years. Over the past 11 months, the central bank has pushed the base rate up by 290bps – the fastest pace on record – driven by a combination of elevated inflation, a tight employment market and the potential for this to lead to more persistent inflation, and the recent fiscal support for household energy bills.

    Read more

    Fed - The lag effect

    The FOMC showed once again that it is prepared to take interest rates into sufficiently restrictive territory in order to clamp down on inflation. For the fourth consecutive meeting, it unanimously decided to increase its Federal Funds target rate by 75bps to a range of 3.75%-4.00%. Interest on reserve balances (IORB) and the overnight RRP were also increased by equivalent amounts to 3.80% and 3.90%, respectively.

    Read more

    ECB repeats larger hike, but uncertainty lies ahead

    At its 27 October policy meeting, the ECB’s Governing Council voted to raise key eurozone interest rates by 75bps, in-line with market expectations. The deposit rate increased to 1.50%, the marginal lending facility to 2.25% and the main refinancing rate to 2.00%. The central bank’s rationale for a third large rate hike was the recognition that inflation remains “far too high”.

    Read more

    RBA committed to a slower cadence

    At its monetary policy meeting on 1 November, the RBA raised the Overnight Cash Rate by 25bps to 2.85%. This was the seventh hike in the current cycle, taking base rates to a nine-year high.

    Read more

    Monetary Authority of Singapore - Leaning against price pressures

    At its semi-annual monetary policy meeting on 14 October, the MAS re-centered the mid-point of the S$NEER up to its prevailing level – approximately a 2% increase – while keeping the slope and width of the policy band unchanged.

    Read more

    A divided Bank of England delivers 50bps as rates rise to 2.25%

    The Bank of England raised the Bank Rate by 50 basis points to 2.25% in a split 5-3-1 vote as the tight labour market, higher wages and higher domestic inflation justified a seventh consecutive hike.

    Read more

    Getting tough on inflation

    The Federal Open Market Committee unanimously decided to increase its federal funds target rate by 75bps for the third consecutive meeting, as Fed officials remain focused on dampening inflation.

    Read more

    ECB – A hawkish hike, with more to follow

    The latest European Central Bank (ECB) rate hike, described in the press release as a “major step”, was not a complete surprise given several of the more hawkish ECB members had commented ahead of the meeting that 75 basis points (bps) should be “on the table”. The increase moves the deposit facility rate to 0.75%, the refinancing rate to 1.25%, and the marginal lending facility to 1.50%.

    Read more

    PBOC attempts to jump-start the economy

    On August 15, the People’s Bank of China announced a MLF rate cut of 10bps to 2.75%. Although small in size, the rate cut confirms the PBOC’s desire to jump-start the economy and sends an important monetary policy signal with significant implications for interest rates and RMB cash investors.

    Read more

    Hiking forcefully into a recession

    In a near-consensus 8-1 vote, the Bank of England (BoE) Monetary Policy Committee (MPC) raised the Bank Rate by 50 basis points (bps) to 1.75%, the highest level in over 13 years as domestic cost and price pressures intensify.

    Read more

    RBA hikes rates, but pivots from a “pre-set path”

    At its monetary policy meeting on August 2, the Reserve Bank of Australia (RBA), in-line with expectations, hiked the base rate by 50bps to 1.85%, taking total rate hikes to 175bps over the past 4-months.

    Read more

    When does unusually large become usual?

    On July 27, the Federal Open Market Committee (FOMC) raised its Federal Funds Rate target range by 75 basis points (bps) to 2.25% - 2.50%. There were no dissenters.

    Read more

    ECB bids farewell to negative rates

    At its 21 July board meeting, the European Central bank (ECB) raised all its key interest rates by 50 basis points (bps), considerably larger than the 25bps guidance it gave in June. This moves the deposit rate out negative territory for the first time since 2014.

    Read more

    The Monetary Authority of Singapore – an expected surprise of S$NEER hike

    On July 14, the MAS announced it would tighten monetary policy by re-centering the S$NEER policy band upwards. While the timing of the MAS statement was a surprise, the market was expecting further policy actions.

    Read more

    Bank of England plays safe with 25bps rise to 1.25%

    Markets were expecting a 25bp rate increase from the BoE at its June meeting and that’s what was delivered, as the Monetary Policy Committee voted to raise the Bank Rate to 1.25%. The BoE was the first major developed central bank to start hiking rates in late 2021, and the latest move affirms its commitment to a slow and steady progression towards normalised interest rates, even as an increasing number of central banks pivot to larger rate increases.

    Read more

    Fed gets aggressive on inflation

    The Federal Open Market Committee matched market expectations for a 75bp increase to its target range, which now sits at 1.50%-1.75%. It also raised the Interest on Reserve Balances and the overnight Reverse Repo Rate by an equivalent amount to 1.65% and 1.55%, respectively.

    Read more

    The Reserve Bank of Australia: moving ahead of the curve?

    On June 7, the RBA surprised the market by raising the Overnight Cash Rate by 50bps to 0.85%. This is the second rate hike in the current cycle, following a 25bps move in early May. The size of the rate hike also affirms the RBA’s desire to get ahead of the inflation fighting curve.

    Read more

    Tempered Expectations

    The FOMC met market expectations for a 50bps increase to its target range, which now stands between 0.75% and 1.00%, and raised the Interest on Reserve Balances (IORB) and the overnight Reverse Repo Rate (RRP) by the same amount to 0.90% and 0.80% respectively.

    Read more

    Carefully calibrated four in a row as rates top 1%

    The BoE delivered on market expectations, increasing the Bank Rate by 25 bps at its May MPC meeting and bringing rates to 1% for the first time since the Global Financial Crisis, in what Governor Andrew Bailey described as a ‘carefully calibrated decision’.

    Read more

    The Reserve Bank of Australia’s hawkish turn

    The RBA hiked its Overnight Cash Rate for the first time in over a decade at its 3rd May monetary policy meeting. The hike was more hawkish than expected.

    Read more

    PBOC’s muted monetary policy and its implications for CNY interest rates

    The latest muted actions by the PBoC suggest the central bank is reaching the limits of monetary policy, which are expected to have direct implications for onshore interest rates.

    Read more

    Reserve Bank of Australia: From patience to pragmatism

    At its monetary policy meeting on Tuesday 5th of April, the RBA left base rates unchanged at a record low of 0.1% whilst acknowledged that “inflation has picked up and a further increase is expected” in the accompanying comments. Its hawkish tilt and giving a clear hint to potential rate rises in the coming months.

    Read more

    Fed lift-off

    On 15-16 March, the Federal Open Market Committee (FOMC) held its two-day meeting and raised its federal funds rate target range by 25 basis points (bps) to 0.25%-0.5%, with one dissenting member calling for a 50bps increase.

    Read more

    Bank of England see-saw back to a dovish stance

    The Bank of England (BoE) raised the Bank Rate by 25 basis points (bps) to 0.75% in a split 8-1 vote with the dissenting Monetary Policy Committee (MPC) member calling for no change on 17 March 2022.

    Read more

    The Reserve Bank of Australia: Stressing patience, confirming plausibility

    At their first monetary policy meeting of 2022, the RBA acknowledged that the economy “remains resilient” despite the recent Omicron outbreak which has not derailed the recovery.

    Read more

    A surprise, pre-emptive policy hike by the Monetary Authority of Singapore

    Singapore’s de-facto central bank hiked the slope of the S$NEER policy band, increasing the pace of appreciation. The unexpected hike was triggered by the strong inflation uptrend in recent days as well as a reassessment of Singapore’s growth and inflation expectations in 2022 by the MAS.

    Read more

    A “close call” on the BOE’s laboured path to higher rates

    The Bank of England (BoE) defied market expectations for a rate hike as they left the Bank Rate unchanged at 0.1% and maintained total target of asset purchases at GBP 895 billion. The deferred hike means no immediate respite to ultra-low sterling yields, although further interest rate volatility is likely; investors should consider maintaining a disciplined approach to cash investment and segmentation.

    Read more

    RBA Tentative Tapering

    The RBA announced its first tentative step towards tapering and eventual policy normalization.

    Read more
    EYE ON THE MARKET

    Silicon Valley Bank failure

    One of these things is not like the other, and that thing is Silicon Valley Bank.

    Read more

    Winter Heating

    US economy stays warm, large language model battles get hot

    Read more

    American Gothic

    The Federal debt and how the Visigoths may try to break the system if no one fixes it.

    Read more

    The End of the Affair

    The End of the Affair. The affair with market catalysts of the last decade is over now, and a new era of investing begins. A look at a world of higher inflation, more regionalized trade and investment and more capital scarcity.

    Read more

    Holiday Eye on the Market: Non-Fungible Trainwreck

    A discussion of the YUCs, the MUCs, FTX and three rules for investors: the Gensler Rule, the Sirens Rule and the Summers Rule. Our 2023 Outlook will be released as usual on January 1st.

    Read more

    Little Red Wagon

    A preliminary read on midterm election results given the context of prevailing market and economic conditions.

    Read more

    A CH₄, HR4346 and mRNA-1273 Thanksgiving

    My list of things I am thankful for this year: CH4, HR4346 and mRNA-1273. Of course, your mileage may vary.

    Read more

    Reruns

    Three reruns for investors. First, in almost every post-war bear market, equity declines preceded the fall in earnings, growth and employment. As a result, we’re more focused on changes in manufacturing surveys than on the other victims of a recession as a sign of the bottom. Second, Graham Allison’s rising power conflict analysis and its historical precedents come back into focus with the latest US policies cutting off high performance semiconductor exports to China. Third, another press article on a small country as a prototype for a renewable future that does not address its irrelevance for larger developed or developing economies.

    Read more

    Arrested Development

    Three topics this week: the repricing of risky credit, labor markets and a COVID recap. While equities are pricing in a much greater probability of recession now, the credit markets are just getting started. One canary in the coal mine: the Citrix financing, which will be followed by a string of even weaker credits. On labor markets, the Fed is facing the tightest labor supply conditions in decades. Can second chance policies easing the path to employment for people with criminal arrest records help increase the labor supply, or will the Fed have to crush the economy to restore desired levels of wage and price inflation? Lastly, an update on bivalent vaccines and inhalable vaccines, as the latter offers the best chance of actually reducing infection and transmission.

    Read more

    On CPI, S&P, GHG and the IRS

    Three topics in this month’s Eye on the Market. First, an update on the Fed, inflation and corporate profits since we believe the June equity market lows may be retested in the fall. Second, a detailed look at what would have to happen for the climate bill’s projected GHG savings to actually occur; the answer matters given the implications for the US natural gas industry. And finally, will all the new IRS agents really stick to auditing taxpayers above $400k? Data from the GAO suggests there may not be enough of them to meet the Administration’s revenue targets.

    Read more

    The second gear of the Manchin-Schumer bill

    Whenever there’s a tax/spending bill passed by Congress, the Congressional Budget Office “scores” the bill with respect to its impact on deficits, debt and GDP.

    Read more

    Long Hot Summer Reading List

    Most summer reading lists are carefully curated, inspirational elegies to the human spirit. This is not that. See today’s note for links to reading materials on energy, economics, finance, the Supreme Court, geopolitics and COVID/cancer research as this long hot summer rolls on. Also, a look at the recently unearthed “Shakespeare’s Annotated Guide to Bitcoin”.

    Read more

    Independence Days

    Europe’s energy crisis, China’s commodity trade war with Australia and other examples of resource nationalism (India and Indonesia restrictions on exports of wheat, sugar and palm oil) have reinforced the following: relying on essential food and energy imports is a risky proposition with respect to supply, price, currency stability and national security.

    Read more

    Eye on the Market 12th Annual Energy Paper

    The Elephants in the Room. We start with a global summary of the energy landscape, including the energy crisis in Europe. We continue with a detailed assessment of the hydrogen economy, whose liftoff is still many years away.

    Read more

    Dearly beloved

    JP Morgan CEO Jamie Dimon stated last week that he expects a “hurricane” resulting from the end of the largest fiscal and monetary experiment in history, and from the ongoing impact of Russia’s invasion of Ukraine on food and energy prices.

    Read more

    Bear Market Barometers

    The slowdown induced by central bank tightening is just starting. You can be patient when adding risk to portfolios; earnings will eventually decline and markets are not pricing in high risk of recession.

    Read more

    The Tide Goes Out: Growth Trade Aftermath

    A combination of rising rates, the Russian invasion of Ukraine and years of investor acceptance of unprofitable new companies (the “YUCs”) led to a sharp repricing of growth stocks in Q1 of this year.

    Read more

    Dude, Where’s My Stuff?

    The global supply chain mess will require increased vaccination and acquired immunity, semiconductor capacity expansion and the end of extraordinary housing/labor supports to resolve. A close look at some very anomalous charts on shipping, semiconductors, inventories, labor shortages, foreclosures and mortality.

    Read more

    Your Fall 2021 syllabus

    Greetings students. We look forward to seeing you back on campus. Your Fall 2021 syllabus is attached. Syllabus update: Biology BI66 “The Origins of COVID” has been cancelled until further notice.

    Read more

    Red Med Redemption

    Red Med Redemption: A visual depiction of politics, ideology, vaccine resistance and the Delta variant. Other topics: US economic recovery update, and big tech reliance on acquisitions to fuel growth at a time of rising anti-trust enforcement. We conclude with a new “Investor Odds & Ends” section that covers NYC hotel/office markets and possible changes in personal, corporate and international tax rates.

    Read more

    Thy Brother’s Keeper

    COVID and the Delta variant; the Fed as firefighter and arsonist; US-China economic divorce picks up steam; and the pig-snake inflation timetable (how long until we know if there’s a permanent wage/price rise).

    Read more

    Food Fight: 2021 private equity update

    Every two years, we take a close look at the performance of the private equity industry given its rising share of institutional and individual portfolios. Our findings this year: the private equity industry is still outperforming public equity, but this outperformance narrowed as all markets benefit from non-stop monetary and fiscal stimulus, and as private equity acquisition multiples rise. We examine manager dispersion, benchmarks, co-investing, GP-led secondary funds, the torrid pace of industry fundraising and manager fees in this year’s piece.

    Read more

    Election 2020 - Praying for Time

    The election as referendum on America: how well does the “system” work, and for whom?

    Read more

    The Needle and the Damage Done

    The cost of engineering a US recovery as the world waits for a vaccine; Biden agenda on taxes/spending; Tech stocks (2020 vs 1999); COVID and The Fountainhead; US election rules, dates and process in light of derogatory comments on mail-in voting by the President and Attorney General

    Read more

    The Bounce

    The US recovery; The flood of money and market returns; Globalization lives; Reducing COVID mortality through vascular treatments; Realistic timetables for never-been-done before vaccines; Sweden’s COVID experiment is not what you think

    Read more

    The Day After

    Tracking the rebirth of the US consumer with real time data as a function of infection levels and state policy. Additional topics: no evidence yet of material second waves of COVID infection, and a round-up of the latest news on vaccine trials (Moderna, Oxford, Sinovac) and anticoagulants.

    Read more

    Zoom Room

    In this week’s Eye on the Market, we review topics from our recent client Zoom calls. Topics include: risk of inflation, second waves of infection, the effectiveness of lockdowns and Biden’s taxation and spending agenda.

    Read more

    Ready or Not: The US prepares to reopen

    An update on the COVID-19 crisis as the US prepares to reopen despite having one of the highest infection rates in the world. Additional topics: monoclonal antibodies and anti-viral trials; the growing gap between markets and the economy; S&P 500 earnings haves and have-nots; regional equity performance (Europe loses again) and leveraged loans at a time of rising bankruptcies.

    Read more

    State's Rights

    In this week’s note, we discuss the latest news on US infection trends and reopening plans, Remdesivir trial results and whether US fiscal stimulus is “enough”.

    Read more

    Are we there yet?

    Lockdown relaxation and economic reawakening…are we there yet?

    Read more

    COVID and culture

    In this week's note, we take a close look at country and regional virus data, and examine the pitfalls of over-extrapolating trends that often reverse.

    Read more

    The equity rally and herd immunity

    After the equity rally, P/E multiples are back at around 16x 2021 consensus earnings.

    Read more

    Man vs Nature Part II

    Virus trends and head-fakes, convalescent plasma and U.S. vs. China lockdowns.

    Read more

    Man vs Nature: what the government can and cannot fix

    There are things the government can try and fix during a pandemic and other things which it can't.

    Read more

    John Stuart Mill and the road from ruin to recovery

    There are some difficult days ahead as quarantines and lockdowns grow. I want to share something with you from John Stuart Mill as we head into the unknown.

    Read more

    The pandemic gap

    A lot of data is being made available on the coronavirus, but most of it requires careful analysis before drawing conclusions.

    Read more

    Berning Man

    Confounding almost every forecast we saw last week, Senator Biden appears to have emerged from Super Tuesday with a sizeable delegate lead. Why might the night have turned out so differently from what was expected just a few days ago?

    Read more

    COVID-19 update

    A Coronavirus update: severity, consequences and implications for investors.

    Read more

    Millions and Trillions

    Answers to questions on the coronavirus, US megacap stocks, the cost of Democratic Healthcare plans, the Iowa caucus and the problem with the student loan system.

    Read more

    Rotten Tomatoes

    Consensus reactions to the Phase I US-China deal are very skeptical, but may be missing the broader point. A brief note on what happened, and the alternatives.

    Read more

    Ghosts of Christmas Past

    After a very positive year for investors in 2019, we expect lower positive returns on financial assets in 2020 as some Ghosts of Christmas Past reappear.

    Read more

    War of the Worlds

    How a discussion about China and Hong Kong morphed into a chart war about Trump, Hoover, Taft, Rachel Maddow and Anderson Cooper.

    Read more

    The Armageddonists

    While recessions and bear markets are a fact of life, something peculiar happened after the Global Financial Crisis: the rise of the Armageddonists.

    Read more

    Warren Peace

    A close look at the Progressive Agenda, China’s deteriorating welcome mat in DC and US Tech IPOs.

    Read more

    Active Management and QE-distorted markets

    Michael Cembalest analyzes the performance of over 6,700 domestic and international active equity managers and discusses the challenges they face.

    Read more

    Cold Turkey

    A brief comment on a proposal from leading Presidential candidates to ban hydraulic fracturing everywhere, immediately.

    Read more

    So long Yellow Brick Road

    It was a long, hot summer at the Heritage Foundation. An update from the front lines of the Trade War.

    Read more

    Lost in Space: The Search for Democratic Socialism in the Real World

    Michael went on a search for Democratic Socialism in the real world, and ended up halfway around the globe from where he began.

    Read more

    Listen when people tell you who they are

    Michael discusses how he should have taken Trump at his word on tariffs, and the impact of the widening trade war on global growth and equity markets as proposed tariffs approach pre-war levels.

    Read more

    Smoot Hardly

    The US-China trade war, prescription drug price legislation and the 2020 election.

    Read more

    Energy Outlook 2019: Mountains and Molehills

    Topics: unattainable objectives of the Green New Deal; overview of the world’s decarbonization challenges; Germany’s energy transition; Trump’s War on Science.

    Read more
    MARKET UPDATES

    Answers to the five key questions raised by the recent stress in the banking sector

    Amid ongoing market volatility, the Market Insights team answers the five key questions raised by the recent stress in the US and European banking sectors.

    Read more

    The impact of higher interest rates on housing and consumers

    Learn whether rising interest rates could cause a housing market crash and what it means for consumers.

    Read more

    Green bonds: Is doing good compatible with doing well in fixed income?

    Green bonds are attractive instruments for working towards positive environmental benefits. Find out why demand for green bonds from investors is expected to continue to grow.

    Read more

    Fixed income opportunities for 2023 portfolios

    Explore these five charts to find out why we think fixed income opportunities offer some exciting potential to investors in a multi-asset portfolio.

    Read more

    Marking the bottom of the Chinese economic cycle

    This paper discusses the outlook for the Chinese economy with an update on latest GDP number and the COVID-19 situation.

    Read more

    The advantage of high dividend stocks in a stagflationary environment

    Explore how dividend paying stocks can help build portfolio resilience against the prospects of high inflation and recession.

    Read more

    ESG investing in China: Considerations for sustainable portfolios

    China does not stack up well on most ESG metrics. Explore our take on whether investing in China can be reconciled with investing sustainably.

    Read more

    Achieving net zero: The path to a carbon-neutral world

    Governments are aligning behind the goal of achieving net zero emissions by 2050, but dramatic changes to the global economy will be required to get us there. Learn more about the policies and innovations that could pave the way to a carbon-neutral world.

    Read more

    The impact of ESG factors on portfolio returns

    History provides only a limited guide to the implications of ESG factors for returns. We look at the conclusions that can be drawn from the past, and how investors can prepare for the future.

    Read more

    The European Central Bank aims to ‘thread the needle’

    The leader of the European Central Bank (ECB) has become very familiar with the challenge of ‘threading the needle’ in recent years and the test facing Christine Lagarde today was no different.

    Read more

    The ECB unveils targeted measures and passes the baton

    The ECB announced measures to cushion the COVID-19 financial shock, but stopped short of cutting rates. All eyes are now on governments for a fiscal response.

    Read more

    UK monetary and fiscal stimulus – Unprecedented shock, unprecedented response

    The UK’s coordinated monetary and fiscal response to the COVID-19 outbreak is unprecedented.

    Read more

    Changing of Lagarde, but toolkit challenges remain

    The European Central Bank (ECB) made no changes to its key interest rates, asset purchases and forward guidance and is unlikely to make any changes in the coming months.

    Read more
    J.P. Morgan Asset Management

    • Investment stewardship
    • About us
    • Contact us
    • Privacy policy
    • Cookie policy
    • Binding corporate rules
    • Sitemap
    Decorative
    J.P. Morgan

    • J.P. Morgan
    • JPMorgan Chase
    • Chase

    READ IMPORTANT LEGAL INFORMATION. CLICK HERE >

    The value of investments may go down as well as up and investors may not get back the full amount invested.

    Copyright 2023 JPMorgan Chase & Co. All rights reserved.