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JPM Jan 2024 195.000 call
- Yahoo Finance Video
JPMorgan predicts bleak S&P 500 outlook for 2024
Despite a bullish tone from Wall Street investors, JPMorgan (JPM) strategists predict an 8% decline for the S&P 500 (^GSPC) index in 2024, closing with a year-end target of 4,200. The Wall Street institution forecasts disinflationary headwinds, softened consumer trends, and declining earnings to weigh on stocks in the year ahead. Yahoo Finance's Madison Mills examines JPMorgan's gloomy stock market prediction, providing insights into why it sees slowing growth affecting market and business performances, contrary to positive S&P forecasts from other strategists. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Zacks
JPMorgan's (JPM) Chase UK Likely to Break Even in 12-18 Months
JPMorgan's (JPM) digital retail bank, Chase, in the U.K. is expected to break even in the next 12-18 months, at least two years ahead of the previous timeline.
- Bloomberg
US Election Risk Is Starting to Build in Global Currency Markets
(Bloomberg) -- With less than a year to go, currency traders are beginning to bet on greater volatility around the Nov. 5 US presidential election.Most Read from BloombergSaudi Arabia Offers Iran Investment to Blunt Gaza WarThese Are the World's Most Expensive Cities to Live In Right NowBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyKissinger, Diplomat Who Defined US Foreign Policy, Dies at 100Banking Escapees Make Billions From Private Credit BoomYear-ahead pricing in foreign-e
