Soft landing or hard landing? Bank of America's financial report suggests: no landing!
Consumer spending remains robust, moderate crediting conditions eased, coupled with anticipated inflation relief and declining interest rates, all provide support for the usa economy to avoid a hard landing.
Jamie Dimon Warns Of Global Risks To Economy: 'Treacherous And Getting Worse'
Morgan Stanley Maintains JPMorgan(JPM.US) With Hold Rating, Raises Target Price to $237
Wells Fargo Maintains JPMorgan(JPM.US) With Buy Rating, Raises Target Price to $240
Soft Landing or Hard? Bank Results Show Path to No Landing -- Heard on the Street -- WSJ
Express News | JPMorgan raised Delta Air Lines' target price from $68 to $80, maintaining a shareholding rating.
JPMorgan and Wells Fargo Earnings Show the U.S. Economy's 2 Realities -- Barrons.com
US bank stocks hit a two-and-a-half-year high! Market divergences persist: where to go in the rate cut cycle?
1. usa bank stock index hit the highest closing level since February 2023 on Friday local time; 2. Previously, the quarterly profit announced by jpmorgan and wells fargo & co exceeded expectations, boosting hopes for a 'soft landing' of the US economy; 3. jpmorgan's chief financial officer stated that consumers' actual stress levels did not show any abnormalities.
Behind the record high of the US stock market led by Wall Street financial giants: the "soft landing" becomes more clear.
Although there are signs that the recent inflation rate has worsened in recent years and high interest rates have put pressure on some low-income Americans, usa consumers as a whole still maintained strong consumption momentum in the third quarter.
JPMorgan and wells fargo & co point out that consumer spending in the USA remains strong.
October 12th, qualcomm ÔCÒ JPMorgan reported better-than-expected quarterly results, with management believing that overall consumer spending remains strong, but spending is limited by the lower and middle classes troubled by high inflation. Jeremy Barnum, chief financial officer of JPMorgan, stated at an analyst meeting that based on the data held by the banks, American customers' overall consumption spending is performing well, whether it's travel or dining out, has roughly returned to the pre-COVID-19 levels, mainly benefiting from a strong job market and easing concerns about the economic outlook. Chief Financial Officer Michael of wells fargo & co.
The Q3 Earnings Season Kicks Off Positively
JPMorgan Chase & Co (JPM) Q3 2024 Earnings Call Highlights: Strong Net Income Amid Rising ...
Wall Street megabanks have fired the first shot of the earnings season, with strong performance. Has the soft landing of the USA economy already been achieved?
Analysts believe that during a rate cut cycle and under the conditions of a soft landing, financial stocks often perform well.
Goldman Sachs Maintains JPMorgan(JPM.US) With Buy Rating, Raises Target Price to $251
Financials Rise as JPMorgan, Wells Fargo Surge on Earnings -- Financials Roundup
JP Morgan And Wells Fargo Report Better Than Expected Q3 Results That Reflect Resilient U.S. Consumers
JPMorgan Forecasts Continued Strong Profits Even With Falling Rates -- 4th Update
JPMorgan Options Spot-On: On October 11th, 268.25K Contracts Were Traded, With 972.6K Open Interest
On October 11th ET, $JPMorgan(JPM.US)$ had active options trading, with a total trading volume of 268.25K options for the day, of which put options accounted for 38.09% of the total transactions,
Unusual Options Activity: HES, TSLA and Others Attract Market Bets, HES V/OI Ratio Reaches 103.1
EST Oct 11th Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
US Equities Markets End Higher Friday Buoyed by Bank Earnings