News
Wall Street’s big banks smashed Q2 estimates on a surge in trading and investment banking fees, prompting Goldman Sachs to raise earnings forecasts for rivals. Bank of America boosted its JPMorgan price target to $420, seeing 21% upside.
News
U.S. primary dealers have flipped to a net short position on corporate bonds for the first time on record, a roughly $4 billion bet that has the market buzzing. Is it a recession call, a structural shift, or something else entirely?
News
S&P 500 earnings growth is expected to hit a four-year high, led by energy and tech. JPMorgan kicks things off on July 14, but lofty expectations have some on edge.