• A $470 billion investment chief at JPMorgan tells us the one thing that could turn a healthy market correction into a deeper slump

    6 monthes ago - By Business Insider

    Bob Michele, chief investment officer for fixed income, currencies and commodities at JPMorgan Asset Management, tells Business Insider inflation expectations are key to the market's fortunes. Michele manages $470 billion in assets.
    Michele believes equity markets can absorb rising bond yields - barring an inflation spike that makes Treasury rates jump more quickly than foreseen.
    Ongoing monetary easing from the European Central Bank and the Bank of Japan could provide some downward pressure on bond yields.
    Wall Street's sharp recovery in the last two trading sessions has done little to...
    Read more ...

     

  • A $470 billion investment chief at JPMorgan tells us the one thing that could turn a healthy market correction into a deeper slump

    A $470 billion investment chief at JPMorgan tells us the one thing that could turn a healthy market correction into a deeper slump

    6 monthes ago - By Business Insider

    Bob Michele, chief investment officer for fixed income, currencies and commodities at JPMorgan Asset Management, tells Business Insider inflation expectations are key to the market's fortunes. Michele manages $470 billion in assets.
    Michele believes equity markets can absorb rising bond yields - barring an inflation spike that makes Treasury rates jump more quickly than foreseen.
    Ongoing monetary easing from the European Central Bank and the Bank of Japan could provide some downward pressure on bond yields.
    Wall Street's sharp recovery in the last two trading sessions has done little to...
    Read more ...