Given current and projected productivity and labor supply dynamics, productivity is unlikely to provide a significant lift to future growth.
Emerging market equity performance can swing in the short term as a result of big swings in investor sentiment.
Learn more about J.P. Morgan’s views on fixed income, the economy and markets.
For investors peering into 2020, it is likely that U.S. monetary policy will remain on hold for the time being.
Operating earnings are the best measure for long-term investors to use when attempting to gauge corporate profitability.
The economic backdrop in 2019 has been characterized by weakness in manufacturing being offset by the resilience of services and health of the consumer.
Relaunching a new phase of QE could be interpreted as a signal that the U.S. economic outlook is dire.
Earnings growth may shake out in the low single digits when all is said and done, but at the current juncture, the risks feel tilted to the downside.