There will be a trade war 'ceasefire' by election day, says JPM's David Kelly [CNBC]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
Check Earnings Report
US:NYSE Investor Relations:
jpmorganchase.com/corporate/investor-relations/investor-relations.htm
Company Research
Source: CNBC
show chapters The tariff tit-for-tat between the U.S. and China might be over soon, and it would be a good sign for the stock market, says J. P. Morgan Chief Global Strategist David Kelly. I think we're eventually going to see a trade war ceasefire before election day, Kelly told CNBC's Squawk on the Street . If you think about the politics of this, we really don't want to go into election day with just having imposed $200 billion of tariffs on Chinese goods. The uncertainty over the effect of future tariffs is holding markets back, Kelly added, saying even a cosmetic deal between the worlds' largest economic powers would lift stocks. Kelly said he expects company earnings will be up about 27 percent for the third fiscal quarter of 2018 compared to the same period last year, but that gains would be hampered by escalating tariffs. Still, Kelly said the U.S. economy is strong at the moment, with 5 percent real GDP growth at an annual rate in the secon
Show less
Read more
Impact Snapshot
Event Time:
JPM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JPM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JPM alerts
High impacting JP Morgan Chase & Co. news events
Weekly update
A roundup of the hottest topics
JPM
News
- Fears about stagflation are mounting in the US. It's every central banker's worst nightmare [CNN]CNN
- Fears about stagflation are mounting in the US. It's every central banker's worst nightmare [Yahoo! Finance]Yahoo! Finance
- Miner Owned by South America's Richest Family Mulls Bond Sale [BNN Bloomberg (Canada)]BNN Bloomberg
- JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially' working as many Americans aren't feeling ‘lifted up by this economy' [Yahoo! Finance]Yahoo! Finance
- Why the S&P 500 is poised to gain 3% over the next 20 days, says JPMorgan's trading desk [Yahoo! Finance]Yahoo! Finance
JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/25/24 - Form 424B2
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form 424B2
- JPM's page on the SEC website