Tag: Security Broking / Dealing

Wall Street profit expectations for megabanks cooled only slightly despite deep freeze in stocks

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The disconnect between healthy business performance and ailing share prices in 2022 will likely continue for megabanks through this year’s second-quarter earnings season, amid bear market conditions for stocks. Investors will likely be on the lookout for potential headwinds in loan growth and credit quality in the banking industry as JPMorgan Chase & Co. JPM,…

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Investment

Chasing ‘hot dogs’ has damaged portfolios. Here’s how investors fight back, says head of 1.5 billion asset manager.

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We’re in the summer soup of it right now, with a surprise Down Under from Australia’s central bank, which hiked a bigger-than-expected 50 basis points, and a European Central Bank meeting and consumer price inflation still to come this week. Stocks have been jittery as bond yields stay elevated. “A true ‘top’ in yields for…

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Investment