Insights and Research
The real housewives of Net Neutrality
The stakes are high, since the internet has been a key driver of growth and consumer welfare for the last 20 years. What are the implications if Net Neutrality is repealed?
Michael Cembalest is the Chairman of Market and Investment Strategy for J.P. Morgan Asset Management, a global leader in investment management and private banking with $1.8 trillion of client assets under management worldwide (as of December 30, 2016). He is responsible for leading the strategic market and investment insights across the firm’s Institutional, Funds and Private Banking businesses.
Mr. Cembalest is also a member of the J.P. Morgan Asset Management Investment Committee and a member of the Investment Committee for the J.P. Morgan Retirement Plan for the firm’s more than 250,000 employees.
Mr. Cembalest was most recently Chief Investment Officer for the firm’s Global Private Bank, a role he held for eight years. He was previously head of a fixed income division of Investment Management, with responsibility for high grade, high yield, emerging markets and municipal bonds.
Before joining Asset Management, Mr. Cembalest served as head strategist for Emerging Markets Fixed Income at J.P. Morgan Securities. Mr. Cembalest joined J.P. Morgan in 1987 as a member of the firm’s Corporate Finance division.
Mr. Cembalest earned an M.A. from the Columbia School of International and Public Affairs in 1986 and a B.A. from Tufts University in 1984.
Insights and Research
The stakes are high, since the internet has been a key driver of growth and consumer welfare for the last 20 years. What are the implications if Net Neutrality is repealed?
Insights and Research
Today’s easy money from the Fed has not created the same excesses at the high end, but it has made it harder for deep value investors to find inexpensive stocks.
Insights and Research
Listen to previous series on a variety of investment topics, asset classes and current themes
Insights and Research
Michael Cembalest explores ways in which the current administration could negatively impact financial markets.
Insights and Research
While tax reform and deregulation offer benefits for investors, the unorthodox aspects of the current administration entail risks as well.
Investment Strategies
Watch as Michael Cembalest discusses highlights from his annual Eye on the Market Outlook.
Investment Strategies
Michael Cembalest explores topics such as commodities, headlines in Brazil, municipal markets, hedge fund performance and U.S. equities.
Insights and Research
You can't discuss the possible out-migration impact resulting from the loss of state/local tax deductions in isolation from the rest of the tax bill.
Insights and Research
For the first time that I’m aware of, there’s evidence that the tech sector has in fact had a greater productivity and deflationary impact than what is seen in the official data.
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Fall/Winter 2017 newsletter with articles focused for Taft-Hartley segment
(All sites are in English)