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Stock impact report

Will the economy head out of the frying pan into the fire? [Wealth Professional (Canada)]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Economists are split on the shape of the recession, but there may be tightening credit and further job losses to comeBySteve RandallApr 30, 2020ShareEvery day there seems to be a new way that individuals andbusinesses are being supported through the current crisisBut once the schemes come to an end, there are likely to be multiple challenges for households, businesses, and governments.Among the latest support to be announced, is a new Desjardins strategy to support Quebec as it starts to reopen for business.This includes a $150 million “GoodSpark Fund” to support social and economic recovery through to 2024; and a $10 million “Momentum Fund” for businesses.The organization, Quebec’s largest private employer, is also firming up plans to get its own business back up to speed.But while the world focuses on how to get through the coronavirus pandemic, there are some worrying conditions lining up for the future.Tightening credit?access to creditThis is likely to include restricted access t Show less Read more
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