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.
Lame-Duck Priorities: Bush Tax Cuts, AMT, Form 1099 for Small Businesses
The probability is that all--or most--of the Bush tax cuts will be extended, but also look for AMT relief and a possible repeal of Form 1099 income reportign rules for small businesses.
Fed Announces $600 Billion QE2; Holds Rates Steady
Fed rolls out QE2, but J.P. Morgan's Kelly warns of a "possible QE3 or sharp reaction in the bond market"