Mumbai: As the dust seems to have settled around Adani Group bonds after the recent US-related developments, global brokerage JP Morgan has said that Adani bond portfolio’s liquidity is stable, giving an Overweight (OW) rating on four bonds of the Adani Group firms. In a note, JP Morgan gave OW rating on three bonds of … Read more
This year’s steady climb of the S&P 500 index has market experts forecasting a robust remainder of 2024. JPMorgan analyst Madison Faller recently highlighted that the S&P 500 has gained over 10% in 100 trading days, and whenever that has happened since 1950, “stocks have closed out the full year with an average return of … Read more
Despite the downward inflation trend, JPMorgan CEO Jamie Dimon, 68, isn’t ruling out a “hard landing” for the US economy. On the prospects of a “hard landing,” Dimon said in a CNBC recent interview at the JPMorgan Global China Summit in Shanghai: “Could we actually see one? Of course, how could anyone who reads history … Read more
JP Morgan CEO Jamie Dimon has been widely criticised for suggesting that average Americans are doing well financially despite rising inflation and stagnant interest rates putting a strain on household budgets. Dimon sparked outrage with comments on The Wall Street Journal podcast, “The Journal.” Dimon, whose net worth is estimated at £1.67 billion ($2.1 billion) … Read more
Prince Andrew may have lied about cutting all contact with Jeffrey Epstein after their “final” meeting in 2010. Recently unsealed emails showed the financier touted him as an investor in 2011. The emails cast doubt on whether the Duke of York was being truthful in his 2019 Newsnight interview when he told BBC journalist Emily … Read more
