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JPMorgan Chase: US Economy Likely To Skirt Recession, Forecasts Sluggish Growth
Sunday, May 18, 2025 - 3:46pm | 437JPMorgan Chase‘s chief global strategist suggests that the US economy, while likely to dodge a recession, should brace for slower growth. What Happened: David Kelly, the chief global strategist at JPMorgan Chase & Co. (NYSE:JPM), anticipates a deceleration in the US economy...
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US Stocks Likely To Open Higher Ahead Of Nvidia Earnings: S&P 500's Four-Day Fall Was A 'Non-Event,' Says Expert
Wednesday, February 26, 2025 - 7:06am | 1624U.S. stock futures rose on Wednesday following two consecutive days of mixed close this week. Futures all four benchmark indices advanced in premarket trading. All eyes will be on semiconductor technology giant Nvidia Corp.’s (NASDAQ:NVDA) earnings as the Jensen Huang-led company will report...
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Dollar Domination: JPMorgan Strategist On How The Greenback Shapes Fate Of Franc, Yuan, Rupee
Wednesday, October 9, 2024 - 11:14am | 745In a world where the U.S. dollar reigns supreme, its strength isn’t just a statistic; it’s a game-changer for investors eyeing currencies like the Canadian dollar, Mexican peso, Chinese yuan, Swiss franc, Brazilian real, and Indian rupee. JPMorgan’s Chief Strategist David Kelly,...
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JPMorgan Chief Global Strategist Warns Investors On Risk In Current Environment: Increasingly Queasy That Market Keeps Pricing In A Soft Landing
Monday, October 7, 2024 - 2:23am | 568David Kelly, the chief global strategist at JPMorgan Asset Management, has issued a warning to investors, urging them to exercise caution and reduce risk in the current market environment. What Happened: Kelly expressed his concerns about the market’s current state, despite the recent surge...
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J.P. Morgan Funds' David Kelly Calls For More Balance To Fed Policy
Wednesday, August 21, 2013 - 11:35am | 181J.P. Morgan (NYSE: JPM) Funds Chief Global Strategist David Kelly spent an hour on CNBC's Squawk Box as a guest host on Wednesday morning. His final thoughts were on finding balance in Fed policy by looking at both supply and demand. "I want us to focus on what the Fed can and can't do. it's more...
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Economy To Clock 4 Percent Growth Rate: JPMorgan
Thursday, June 17, 2010 - 11:56am | 121David Kelly, chief market strategist at JPMorgan Funds, expressed his confidence in the economy. He said that the economy will reach a 4 percent growth rate. He added, “It was a disappointing housing report, but it can’t stay there. Over time, housing has to go up and that is what’s driving the...
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JP Morgan’s (JPM) Chief Market Strategist Defends German Ban On Naked Short Selling
Thursday, May 20, 2010 - 7:17am | 109German government has instituted a ban on naked short selling. In an interview with CNBC, David Kelly, chief market strategist at JP Morgan (NSYE: JPM) Funds, shared his views on the new proposal. Kelly defended the ban and said, “Fundamentally, in this kind of situation, the Europeans do need to...
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JPMorgan (JPM) Takes A Contrarian Stand
Monday, January 25, 2010 - 9:34am | 120In an interview with CNBC, David Kelly, Chief Market Strategist at JPMorgan (NYSE: JPM), stated that financials have so far lagged behind the other sectors. He said that 85% of non-financial companies beat the market consensus whereas only 50% of the financial firms could manage to perform this...