JPMorgan Chase & Co. (JPM) Stock Sinks As Market Gains: Here's Why
Market Climbed Monday Just Past Santa Rally High Water Mark | Wall Street Today
Barr resigned from the position of Vice Chairman for Bank Supervision at the Federal Reserve, and there are uncertainties regarding the capital reform regulations.
Michael Barr, the Vice Chairman responsible for bank regulation at the Federal Reserve, plans to resign from this position to avoid potential conflicts with incoming President Trump. With his departure, the future of the new capital rules for Bank of America is in question. The Federal Reserve stated on Monday that Barr plans to step down on February 28 unless his successor is confirmed beforehand. He will continue to serve as a member of the Federal Reserve Board. Barr stated, "The Vice Chairman for bank regulation was established after the Global financial crisis to enhance the Federal Reserve's transparency and accountability in financial system oversight, and the risk of controversy surrounding this position may distract us from making..."
JPMorgan's trading team: The "possibility of a bear market is extremely low" due to strong economic growth.
JPMorgan's trading team stated that while the risks facing the strong stock market rally are increasing, the "possibility of a bear market downturn is extremely small" against the backdrop of strong economic growth. After the S&P 500 Index has risen over 20% for two consecutive years, the US stock market may see a pullback of 4%-5% or even 10%, but against the backdrop of GDP being above trend levels, the bull market remains intact, according to a report from the team led by Global Market Intelligence Chief Andrew Tyler to clients on Monday. "While I expect earnings volatility to intensify, I believe that as macro data continues to strengthen, we will usher in a stronger market."
Alphabet Stock Gains. Why This Analyst Is Upbeat About Google. -- Barrons.com
Express News | Barclays Maintains Overweight on JPMorgan Chase, Raises Price Target to $304
JPMorgan Chase Analyst Ratings
Why Bank Stocks Care That Michael Barr Is Stepping Down as Top Fed Banking Cop
Express News | S&P 500 Banks Index Jumps 1.9%
Express News | Goldman Sachs up 2.2%, Morgan Stanley Gains 3.1%
Express News | JPMorgan Chase up 1.4%, Bank of America Climbs 2.9%, Wells Fargo Rises 2.4%
Express News | Shares of Major US Banks Rise; Fed Vice Chair for Supervision Michael Barr to Resign Early
JPMorgan Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
CES Tech Conference Week Starts with Nvidia and Chips Climbing | Live Stock
Press Release: J.P. Morgan Asset Management Strengthens Retirement Business With Strategic Hires
Citi Raised to Overweight as Barclays Gets More Bullish on Large-cap Banks
Citigroup's Stock Is a Banking-sector Bargain as 'Inflection Point' Looms, Analyst Suggests
Global Investment Banks Start 2025 With Positive Setup -- Market Talk
Barclays Maintains JPMorgan(JPM.US) With Buy Rating, Raises Target Price to $304
Barclays Remains a Buy on JPMorgan Chase & Co. (JPM)