Bitcoin (BTC) could climb to $240,000 over the long term, according to a recent JPMorgan note assessing the asset’s evolving market structure. The projection followed a weak stretch for the broader crypto market, with BTC falling from its early October peak of $126,000 to around $82,000 in November. At the time of writing, BTC had stabilized near $86,610. Crypto 'behaving like a macro asset,' JPMorgan says In the note, analysts wrote that crypto markets are now influenced more by macroeconomic forces th ...

“Bankless” was a meme until JPM made it a lifestyle choice for our head of marketing @hpayne_writer.This is why we build open, permissionless finance.The Block (@TheBlock__):JPMorgan Chase shuts ShapeShift employee’s business account, says his personal account will be next https://t.co/0gsvAgMbgc ...

Core Insights - The interest-rate markets are experiencing increased trading activities, with expectations for continued opportunities into 2026 due to macroeconomic factors [1] - Major Wall Street banks like JPMorgan, Bank of America, and Goldman Sachs are projected to see rising fixed-income trading revenues in the upcoming quarters [2] - Divergent interest rate policies among global central banks are prompting investors to rebalance their portfolios, leading to heightened trading activity [4][5] Company Performance - For the nine months ending September 30, 2025, JPMorgan's fixed-income market revenues rose 14% year-over-year to $17.2 billion [3] - Bank of America reported a 9.6% year-over-year increase in its fixed-income, currencies, and commodities trading revenues [3] - Goldman Sachs experienced an 8% year-over-year increase in its fixed-income trading revenues [3] Market Dynamics - Rising fiscal deficits are leading governments to issue more bonds, increasing trading volumes in the bond market [7] - A steepening yield curve, where long-term interest rates rise faster than short-term rates, is driving various trading behaviors such as hedging and speculation [8] - The increase in fixed-income trading activities is expected to benefit major dealers like Goldman Sachs, JPMorgan, and Bank of America [6]

在美联储议息会议前发布的任何经济数据都在引发市场的关注。今日美国发布的周度初请失业金人数下降，表明就业情况并未恶化。虽然机构普遍预期， 美联储12月降息的概率非常大，但也有机构认为，美联储仍有机会暂停降息。 失业数据好于预期 美国劳工部周三公布的数据显示，截至11月22日当周，初请失业金人数经季节调整后减少6000人，至21.6万人。经济学家此前预计，上周初请失业金人数 为22.5万人。 美国初请失业金人数（百万人）、续请失业金人数（百万人）和基准利率走势 初请失业金是美国衡量劳动力市场状况的核心指标，特指统计周期内首次申请失业保险救济金的人数，由美国劳工部每周四定期发布。该指标通过追踪新 失业者申领救济的动态，直接反映企业裁员趋势和就业市场短期波动，被视为经济周期的先行指标。由于本周四是感恩节假期，该报告提前一天发布。 此外，续请失业金人数（衡量正在领取失业金人数的指标）则在前一周微升至196万人。自9月以来，续请失业金人数总体呈上升趋势，目前仍接近疫情后 劳动力市场复苏时期的水平。 （文章来源：证券时报） 德国商业银行报告指出，周三公布的美国周度初请失业金数据因其他劳动力市场数据缺失而获得额外关注。但由于 ...

Blackrock's ETF JPMorgan. Photo by BeInCrypto Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee because as JPMorgan reveals Wall Street’s shift from spot ETFs to complex Bitcoin-linked derivatives designed around the halving cycle. What you read here today may be a hint at a new approach to trading BTC, amid a deeper shift in how institutions plan to approach the 2026-2028 halving cycle. Crypto News of the D ...

RT 100% Strategy (@StrategyMaxi)JPMorgan messed with the wrong man. 💀It's Saylor.Instead of working with Strategy, they attacked him.Saylor played a reverse UNO:- Bombshell Epstein connections among JPMorgan executives- Mobilizing retail to strike back- HODL BTC to short squeezeStand with Saylor! https://t.co/lyYRiblHvG ...

Core Viewpoint - JPMorgan has a bullish outlook for the S&P 500, forecasting it to reach 7,500 by the end of 2026, with potential to exceed 8,000 if the Federal Reserve implements aggressive rate cuts, indicating an 18% rally from the current closing value of 6,765 [1][4]. Economic Drivers - Key drivers of market momentum include resilient economic growth, accelerated technological investment, and favorable policy conditions [3]. - The adoption of artificial intelligence is leading to record corporate capital expenditure, alongside rising shareholder distributions and supportive fiscal measures [3][5]. Earnings Projections - JPMorgan projects U.S. corporate earnings to grow by 13–15% over the next two years, which supports their baseline target of 7,500 and the potential for exceeding 8,000 under aggressive monetary easing scenarios [4][6]. Valuation Justification - Elevated valuations in technology and AI-driven sectors are considered justified due to expected productivity gains, structural market shifts, and increasing shareholder returns [5]. Market Sentiment - Other Wall Street analysts maintain a slightly more conservative yet optimistic stance, with Oppenheimer Asset Management raising its year-end target to 7,100 and UBS Global Research projecting a 2026 year-end level of 7,500 [7][8].

Core Viewpoint - JPMorgan's equity strategy team predicts a strong performance for US investors in 2026, with a year-end price target of 7,500 for the S&P 500, potentially exceeding 8,000 if the Federal Reserve continues to cut interest rates [1][3]. Group 1: Earnings Growth and Economic Outlook - The forecast for the S&P 500 reaching 7,500 is supported by expected earnings growth of 13% to 15% over the next two years, with a reported 13.4% earnings growth in the third quarter for S&P 500 companies [2]. - The firm anticipates the Federal Reserve will cut rates two more times, with an 85% market expectation for a rate cut next month, which could lead to an improved inflation outlook and further rate cuts [3]. Group 2: Market Sentiment and Economic Dynamics - The US economy is described as increasingly K-shaped, indicating a widening gap between different income groups, which is reshaping consumer spending habits and confidence [4][5]. - This economic backdrop is expected to create volatility in market sentiment, contrasting the struggles of lower-income consumers with the spending behavior of wealthier individuals who are more exposed to the stock market [6]. Group 3: AI Investment Trends - Corporates and governments globally are racing to invest in AI to enhance productivity and avoid obsolescence, which is seen as a significant trend influencing market dynamics [7].

智通财经APP获悉，香港联交所最新数据显示，11月21日，摩根大通增持药明康德(02359)73.6509万 股，每股作价102.4881港元，总金额约为7548.34万港元。增持后最新持股数目约为2572.02万股，持股 比例为5.03%。 ...

Core Viewpoint - Morgan Stanley has significantly raised its target for the S&P 500 index, predicting it will reach 7500 points by the end of 2026, driven by strong corporate earnings growth and an AI capital investment boom [1][4]. Group 1: Market Outlook - The S&P 500 index is expected to rise approximately 11% from its recent closing price of 6765.88 points, surpassing the average forecast of 7269 points from Bloomberg-tracked strategists [1][4]. - In a more optimistic scenario, if the Federal Reserve's monetary policy is more accommodative than expected, the S&P 500 could potentially exceed 8000 points next year [4]. Group 2: Corporate Earnings - Strong corporate earnings are a key pillar of Morgan Stanley's bullish outlook, with expectations of 13% to 15% growth in earnings over the next two years [4]. - The report suggests that current high valuations are justified by above-trend earnings growth expectations, increased AI capital expenditures, and enhanced shareholder returns [5]. Group 3: Broader Market Sentiment - Other Wall Street analysts share a bullish sentiment, with some projecting the S&P 500 could rise to as high as 7800 points, citing a favorable environment for risk assets due to a combination of fiscal, monetary, and regulatory policies [6]. - Analysts from various firms, including Barclays and Macro Risk Advisors, have set significant milestones for the S&P 500, indicating a strong upward trajectory in the near term [6].