Stocks Plummet on Downgrade, as Obama Defends AAA; Market Gurus El-Erian, Rogers Weigh In
While global markets plummeted Monday after Friday’s downgrade of U.S. debt, Obama said U.S. credit was “among the best in the world”; several market experts also gave their opinions.
Debt Deal Vote Looms, Downgrade Worries Persist
As Congress takes up consideration of the debt ceiling bill, David Kelly of J.P. Morgan Funds warned that the measure could fail, leading to a TARP-like stock sell-off.
Forget Schwarzenegger Scandal, California Tax Receipts Ease Budget Blues
With Arnold Schwarzenegger's "love child" scandal grabbing California's, and the country's, attention, the bigger news for the state of the former governor, which got somewhat trampled, was it's brightened budget picture.
Strategists Kelly, Doll, Ryan Bullish on U.S.: IMCA Conference
Three prominent investment strategists offered good tidings of positive U.S. market performance for the balance of the year. David Kelly of JP Morgan Funds, Robert Doll of BlackRock and Michael Ryan of UBS Financial Services buoyed an audience of financial advisors on the second day of IMCA’s annual meeting in...
Q2 Outlook: Artio, LPL, BlackRock Predict Stock Dip; J.P. Morgan, S&P Eye QE2
Outlooks from Artio, BlackRock and LPL Financial show expectations for a slower Q2 in stocks, and the end of the Fed's QE2 has JPM and S&P taking opposite views.
2011 Q1 Earnings Analysis: LPL, J.P. Morgan Strategists Eye Finance Sector
Two weeks into Q1 2011 earnings season, a pattern is emerging: it’s all about slow, post-recession rebuilding, say strategists including JPMorgan's David Kelly.
J.P. Morgan’s Kelly: Optimism on U.S. Economy in Q2
David Kelly, market strategist and managing director at J.P. Morgan Asset Management, spoke Tuesday about the outlook for Q2 in a webcast titled, "Q2 2011 Economic and Market Outlook: Out of Recession but Out of Sync."
Economic Forecasters, the Bulls: Fisher, Altfest, Mobius & More—a Slide Show
It's the Bears vs. the Bulls, but this playing field is economic prognostication. AdvisorOne presents a slide show of some of the noted economic optimists and pessimists. Last week we let the Bears run wild, this week the Bulls get their turn.
Oil Prices a Drag on Economy Despite Encouraging Signs: J.P. Morgan's Kelly
David Kelly, chief market strategist of J.P. Morgan Funds, hosted a call on Wednesday to address rising oil prices and political turmoil in the Middle East.
J.P. Morgan Asset Management Publishes Free Q1 Market Guide for Advisors
J.P. Morgan Asset Management has sent a Q1 2011 market guide to its network of advisors with economic insights from David Kelly, chief market strategist at JP Morgan Funds.