JPMorgan Results Marred By Misses. Buybacks To Resume
JPMorgan ended 2022 “in a position of strength,” Jamie Dimon said Friday. More importantly, the
JPMorgan ended 2022 “in a position of strength,” Jamie Dimon said Friday. More importantly, the
One consequence of the improved mood across risk assets was a resurgence in equity offerings.
One of the many “mysteries” of recent US equity strength is the solid performance of
If you were wondering what corporate management teams discussed on calls during reporting season… Wait,
And we don’t need any more headwinds, that’s for sure.
“Still double the long-term average”.
You can thank record levels of uncertainty.
Remember, when it comes to sources of equity demand, it’s not even close…
“Plunge protection” – no conspiracy theories needed.
Penning breathless missives about the impact of buybacks on equities long ago lost its novelty.
“Is this really what everybody wants?”
“Popular misperceptions” and such.
If you’re looking for a relatively positive narrative…
“The rise in CFO created a high-quality problem for managements: How should they spend all the cash?”
“Tall order”.
“…it’s not like you have to dig deep to find a problem.”
And Ho Hos. Don’t forget the Ho Hos.
Show of hands: who’s surprised?
“Really though, we needn’t think too hard about this.”
Tension was running high on Thursday afternoon in the US following a rough day for
Mark Zuckerberg will spend a lot of money. On AI. And on the metaverse. And
Cash! You have some. Now what do you do with it? If you’re a household,
Who’ll be the biggest buyer of US equities in 2024? If you said “Well corporations,
JPMorgan analysts led by Marko Kolanovic are undeterred in their defensive model portfolio allocation. If
Japanese equities have had a good run. And that’s an understatement. An entire generation of
You must be logged in to post a comment.