Don’t be shocked if the Fed decides to shock the market Wednesday [Toronto Globe and Mail (Ontario, Canada)]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: Toronto Globe and Mail
Don’t be shocked if the Fed decides to shock the market Wednesday For U.S. Federal Reserve chairman Jerome Powell and other decision makers at the U.S. central bank, it’s choose-your-own-adventure time. Just as in the children’s books that allow you to shape your own plot, it’s possible for the guardians of monetary policy to see at least a couple of different narratives in the facts on hand. In one, the U.S. recovery is coming up to its 1th birthday in remarkably good shape. Unemployment sits at half-century lows, the stock market is flirting with record highs and consumer spending is surging. Nothing to worry about here, folks. In the other plot line, downbeat readings on manufacturing output are signaling a rapidly cooling economy. Plunging bond yields are shouting that investors want shelter and they want it now. All of that buttresses the case for the Fed to cut interest rates immediately, rather than wait for more evidence of trouble. Story continues below advertisement Which st
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JPM
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- 4/12/24 - Beat
JPM
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- 4/19/24 - Form 424B2
- 4/19/24 - Form 424B2
- 4/19/24 - Form 424B2
- JPM's page on the SEC website