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Stock impact report

The Case For Bonds Over Stocks Is Building -- ICYMI [TheStreet.com]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: TheStreet.com
Themarket was closed FridayThe consumer price index read -0.4% for the month of March, representing deflation. Subtracting energy and food prices (the core index), inflation was negative 0.1%. That’s for the month compared to March 2019. Coronavirus lockdown measures didn’t pick up in a material way until mid-March, leaving many economists and macro investment strategists to note that March economic data, while bleak, doesn’t show the full recessionary picture the U.S. is bound to see in the near-term.Still,stocks have ralliedBy mid-March the S&P 500 had fallen 34% from its all-time-high hit in mid-February, pricing in a recession. The equity risk premium -- the excess rate of return expected on stocks for the next year compared with the return on the 10-year treasury bond -- hit 7%. Historically, the premium sits at around 3% in expansionary environments and can touch around 10% before recessions.But stocks have rebounded from that 2020 low to the tune of 25%. Treasury yields, curre Show less Read more
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