Making Sense

Federico Manicardi and Jigar Vakharia discuss the underperformance of European equities compared to US equities. They delve into macro and political dynamics in Europe, potential risks and rewards in the equity market, and the impact of upcoming elections in France and the UK. The conversation also touches on hedge fund activities, sector preferences, and bullish and bearish views on various sectors.

Join Amaury Guzman and Brian Tramontozzi as they discuss trends in the high yield and leveraged loan markets, from M&A green shoots to fund flows. They delve into increased issuance volumes, borrowing activity, and market conditions affecting the sector, highlighting the positive trends in both high yield bonds and leveraged loans.

Charlie Post, Co-Head of Media & Communications M&A, recaps key takeaways from J.P. Morgan's Board Summit 2024. Topics include succession planning, AI investments, climate literacy, and insights on the 2024 election. Emphasis on board diversity, economic disparities, China's growth, and the evolving importance of ESG in business practices.

Jagadish Chalasani, JP Morgan's lead structurer for CTA strategies, discusses extending trends across regions, asset classes, and time horizons to enhance performance. He explores the challenges and benefits of trend as an alpha strategy, emphasizing the importance of diversification and alternative signals. The podcast also touches on reactivity in trend-following systems during market volatility and the evolution of CTA strategies within JP Morgan's Quantitative Investment Strategies Division.

Phoebe White, Head of US Inflation Strategy, and Mike Feroli, Chief US Economist, analyze the May US employment report, future economic trends, and the impact of immigration policies on the economy. They discuss the increase in nonfarm payrolls, discrepancies in surveys, wage pressures, GDP growth expectations, potential interest rate cuts, and the Federal Reserve's future plans.

Join host David Rawlings and Keith Canton, Head of Americas Equity Capital Markets, as they discuss the resurgent IPO market in 2024. They cover key trends, company profitability vs. growth, after-market performance, and how private equity and venture capital are adapting. Explore insights on entering banking, current IPO market trends, impact of private equity on IPOs, and strategies for companies preparing to go public.

2024 is a watershed year for elections, with 77 contests across the globe. How will the possible outcomes shape the macro outlook, and what are the ramifications for trade, investment and foreign policy? Join Chair of Global Research Joyce Chang and Chief Economist Bruce Kasman as they discuss these implications and more.  This episode was recorded on May 28, 2024.   This communication is provided for information purposes only. Please visit www.jpmm.com/research/disclosures for important disclosures. JPMorgan Chase & Co. or its affiliates and/or subsidiaries (collectively, J.P. Morgan) normally make a market and trade as principal in securities, other financial products and other asset classes that may be discussed in this communication.   This communication has been prepared based upon information from sources believed to be reliable, but J.P. Morgan does not warrant its completeness or accuracy except with respect to any disclosures relative to J.P. Morgan and/or its affiliates and an analyst's involvement with any company (or security, other financial product or other asset class) that may be the subject of this communication. Any opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. Past performance is not indicative of future results. This communication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. J.P. Morgan Research does not provide individually tailored investment advice. Any opinions and recommendations herein do not take into account individual circumstances, objectives, or needs and are not intended as recommendations of particular securities, financial instruments or strategies. You must make your own independent decisions regarding any securities, financial instruments or strategies mentioned or related to the information herein. Periodic updates may be provided on companies, issuers or industries based on specific developments or announcements, market conditions or any other publicly available information. However, J.P. Morgan may be restricted from updating information contained in this communication for regulatory or other reasons. This communication may not be redistributed or retransmitted, in whole or in part, or in any form or manner, without the express written consent of J.P. Morgan. Any unauthorized use or disclosure is prohibited. Receipt and review of this information constitutes your agreement not to redistribute or retransmit the contents and information contained in this communication without first obtaining express permission from an authorized officer of J.P. Morgan. Copyright 2024, JPMorganChase & Co. All rights reserved.

Dr. Amadeo Alentorn, Head of Systematic Equities at Jupiter Asset Management, discusses competitive dynamics in systematic equity space, investor behavioral biases impact, and avoiding portfolio crowding with Eloise Goulder. Topics include diversification in quant strategies, the future of alpha generation, analyzing market sentiments, and data-driven equity market analysis.

Guests Dr Amadeo Alentorn and Eloise Goulder discuss the evolution of systematic equity investing, the intersection of finance with data science techniques, and the role of AI in the investment process. They explore stock selection, factor timing for alpha generation, and the application of machine learning in stock picking. Part one ends with a hint at exploring the competitive landscape of systematic investing in part two.

Join host Rebecca Thornton and guest Jan Singer, former CEO and current Board Director, as they explore the complexities of boardroom dynamics, the evolving role of CEOs and the impact of consumer trends on corporate strategy. Get a sneak peek at the key themes shaping the upcoming J.P. Morgan Board Summit.   This episode was recorded on May 8, 2024.  This material was prepared by certain personnel of JPMorgan Chase & Co. and its affiliates and subsidiaries worldwide and not the firm’s research department. It is for informational purposes only, is not intended as an offer or solicitation for the purchase, sale or tender of any financial instrument and does not constitute a commitment, undertaking, offer or solicitation by any JPMorgan Chase entity to extend or arrange credit or provide any other products or services to any person or entity.  © 2024 JPMorgan Chase & Company. All rights reserved.