Wall Street traders are ill-prepared for an expected sharp 10% plunge in the S&P 500 triggered by the escalating war in Iran, JPMorgan Chase & Co.’s trading desk warned Monday, as oil prices soared past $100 a barrel and risks of economic stagnation loomed.Andrew Tyler, head of global market intelligence at the financial giant, shifted to a “tactically bearish” stance on US stocks as the conflict entered its second week, with no end in sight.Such a correction from the index’s peak would drag the S&P down to ...

By Jonathan Stempel NEW YORK, March 9 (Reuters) - A federal judge ruled on Monday that JPMorgan Chase employees may pursue part of their lawsuit ‌accusing the largest U.S. bank of mismanaging its health and prescription benefits ‌program, causing them to overpay for prescription drugs and premiums. U.S. District Judge Jennifer Rochon in Manhattan said ​employees can try to prove that JPMorgan allowed repeated, unauthorized excessive payments to CVS Caremark, to benefit the pharmacy benefits manager and a ...

JPMorgan Chase & Co. has turned bullish on US investment-grade bonds and now expects spreads on the securities to tighten by 12 basis points — a reversal from its November projection. https://t.co/zfkyo0mKjW ...

Wall Street has spent the past week treating the Iran war like a nasty headline cycle: alarming and expensive — but maybe still survivable with enough denial and a functioning commodities desk. JPMorgan Chase, though, just gave that anxiety a number. Bloomberg reported Monday that Andrew Tyler, the bank’s head of global market intelligence, has turned “tactically bearish” and warned that U.S. stocks aren’t prepared for a full correction as the war in Iran drags on and oil hits above $100 a barrel. To Tyle ...

Oil shock to worsen should US-Israel seize Iran's Kharg Island, JP Morgan says | ReutersSkip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivA satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026 Planet Labs PBC/Handout via REUTERS Purchase Licensing Rights, opens new tabLONDON, March 9 - Iran's oil exports would stall and output halve if the U.S. and Israel were to seize its port on Kharg Island, triggering further ...

"如果不能继续储存，就只能停产"，即使产油国生产出原油，如果不能向外运输，就只能储存在储油罐 中。但是，按照目前的情况，储罐被全部装满的时间是26天。即便利用经由红海等的替代路线进行运 输，也仅能弥补因封锁而减少的运输量的一半以下…… 霍尔木兹海峡的封锁正在威胁全球原油供应。即使利用经由红海等的替代路线进行运输，也仅能弥补因 封锁而减少的运输量的一半以下。有预测称，如果封锁今后持续一个月，无法完全运出去的原油将滞留 在产油国，各国将联袂被迫减产。加剧价格上涨的预期正越来越走向现实。 美国高盛在3月1日的报告中分析称："如果未来一个月不能利用管线的剩余运输能力，也无法释放储备 的话，油价将在一个月内上涨15美元"。报告认为即使满负荷运转剩余能力且每日释放200万桶左右的储 备，也有10美元左右的上涨空间。 原油储罐26天将被装满 高盛4日指出，如果霍尔木兹海峡运输量不恢复的状态持续逾一个月，"北海产布伦特原油价格很可能达 到每桶100美元"。英国施罗德也预测称："如果海峡航行限制持续4～5周左右，可能上涨至100～120美 元左右"。 伊朗伊斯兰革命卫队2日宣布封锁霍尔木兹海峡，全球约20%的石油消费量经由这一 ...

Core Viewpoint - Emerging markets are experiencing significant short-term losses, but long-term investment cases remain strong according to several money managers [1][6]. Group 1: Market Performance - The MSCI equity index recorded its largest weekly drop in six years, while bond yields have increased sharply [1][6]. - Investors added $12.6 billion to emerging-market stocks and bonds in the week through Wednesday, indicating a potential buying opportunity amid price dips [2][6]. Group 2: Investment Sentiment - Money managers from firms like Pacific Investment Management Co, Barings LLC, and T Rowe Price Group Inc are mostly holding off on major portfolio shifts, despite some marginal adjustments [1][6]. - The conviction in emerging markets is driven by diversification from US assets, attractive valuations, and solid economic growth, which many believe will reassert themselves once geopolitical tensions ease [2][6]. Group 3: Risks and Adjustments - Rising Brent crude prices, surpassing $90 a barrel, and escalating conflicts in the Middle East are raising concerns about economic growth in import-reliant countries [2][6]. - JPMorgan Chase & Co has reduced its recommendations on emerging-market assets three times in the past week, moving to tactical underweight positions on sovereign and corporate dollar bonds due to increased uncertainty [5][6].

There are countless ways for investors to make money on Wall Street, but few are as consistently successful as buying and holding high-quality dividend stocks. Based on a study by Hartford Funds, in collaboration with Ned Davis Research ("The Power of Dividends: Past, Present, and Future"), dividend stocks have more than doubled the annualized return of non-payers over more than half a century (1973-2024): 9.2% vs. 4.31%. While it's probably not a surprise that dividend stocks have a track record of outperf ...

Core Insights - The article discusses two next-generation income ETFs, DIVO and IDVO, which are outperforming JPMorgan's JEPI in 2026, highlighting their different strategies for income generation and performance metrics [1][2]. Group 1: Performance Comparison - JEPI has delivered a cumulative return of 4.29% from January 2, 2026, to March 4, 2026, while the S&P 500 index has remained flat year-to-date [1]. - DIVO has outperformed JEPI with a cumulative total return of 5.22% over the same period [1]. - IDVO has achieved a year-to-date return of 6.92% through March 4, 2026, indicating strong performance compared to JEPI [2]. Group 2: Investment Strategies - JEPI utilizes a strategy that combines active stock selection with equity-linked notes (ELNs) to generate income, but it faces tax inefficiencies due to the nature of its income [1]. - DIVO focuses on high-quality large-cap companies with consistent dividend and earnings growth, generating income by selling covered calls on individual stocks rather than relying on ELNs [1]. - IDVO employs a similar strategy to DIVO but targets international stocks, using covered calls on individual securities from the MSCI ACWI ex U.S. Index [2]. Group 3: Expense Ratios and Yield - JEPI has an expense ratio of 0.35% and a 30-day SEC yield of 7.56%, but its income is primarily classified as ordinary income [1]. - DIVO has a higher expense ratio of 0.56% and a distribution rate of 4.79%, which is lower than JEPI's yield but has delivered stronger long-term returns [1]. - IDVO carries an expense ratio of 0.65% and expects a distribution yield of 6.08%, with income generated from both dividends and covered call premiums [2].

证券研究报告 | 2026年03月08日 美股市场速览 弱于大市 市场震荡回撤，但盈利预测稳步向好 价格走势：多数行业回撤，软件显著反弹 本周，标普 500 指数-2.0%（上周-0.4%），纳斯达克综指-1.2%（上周-1.0%）。 风格：大盘成长（罗素 1000 成长-0.7%）＞大盘价值（罗素 1000 价值-3.5%） ＞小盘价值（罗素 2000 价值-3.6%）＞小盘成长（罗素 2000 成长-4.5%）。 4 个行业上涨，20 个行业下跌。上涨的主要有：软件与服务（+6.3%）、商 业和专业服务（+2.3%）、电信业务（+2.3%）、能源（+1.1%）；下跌的主 要有：家庭与个人用品（-7.5%）、耐用消费品与服装（-7.5%）、材料（-6.8%）、 食品饮料与烟草（-6.1%）、运输（-5.5%）。 资金流向：整体加速流出，软硬件显著分化 本周，标普 500 成分股估算资金流（涨跌额 x 成交量）为-99.4（亿美元， 下同），上周为-31.9，近 4 周为-154.3，近 13 周为-283.8。 6 个行业资金流入，18 个行业资金流出。资金流入的主要有：软件与服务 （+49.1）、能源（+ ...