WRAPUP 3-U.S. consumer sentiment at two-year low, manufacturing rebounds [Reuters]
JP Morgan Chase & Co. (JPM)
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Source: Reuters
U.S. consumer morale at two-year low; factory output surges WASHINGTON (Reuters) - U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as an ongoing partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth. The drop in confidence reported by the University of Michigan on Friday is the clearest sign yet that the impasse in Washington over Trump’s demands for $5.7 billion to help build a wall on the United States’ border with Mexico was negatively impacting the economy. Trump has touted high consumer confidence as an indication of the good job he is doing on the economy. While consumer sentiment remains relatively high, the gathering dark clouds over the economy could make households more cautious about spending, leading to slower growth. Consumer spending accounts for more than two-thirds of the U.S. economy. “This report on consume
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JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/23/24 - Form 424B2
- 4/23/24 - Form 424B2
- 4/23/24 - Form 424B2
- JPM's page on the SEC website