JPMorgan expects the Fed to ease rates again in October. Over the weekend, CNBC anchor Carl Quintanilla tweeted the investment bank’s statement from his iPhone: Slowing job growth is one indication of a slowing global economy. The September jobs report put U.S. unemployment at its lowest level in 50 years. But 136,000 new jobs were…
Alex Wolf, Vice-President of JP Morgan Private Bank remains positive on U.S. stocks and some aspects of the stock market despite sluggish growth in the global economy. On Squawk Box, Wolf stated that the current trend of the U.S. stock market and stocks are similar to that of 2015 to 2016 during a period in…
| Source: Lorimer Images/ShutterstockThe United States Department of Justice has charged three gold and precious metals traders from JPMorgan on suspicions of market manipulation.The alleged bad actors include Gregg Smith, 55, Michael Nowak, 45, and Christopher Jordan, 47 — alongside other suspected co-conspirators. At the time of the charges, Smith is an executive director at the…
U.S. Treasury Secretary Steven Mnuchin slandered cryptocurrencies at a press conference earlier this month. Mnuchin attempted to smear the industry…
