Market Trends - JP Morgan analysts are calling the strategy favoring gold and Bitcoin "the debasement trade" [1] Investment Strategy - The strategy involves favoring gold and Bitcoin [1]

JP Morgan targets $165K for $BTCIshraq Alim (@ishraq8):JP Morgan suggests Bitcoin is undervalued & could hit $165k. Want to know the reasoning behind their predictions & why $BTC is on a recent run-up?Read the report from Messari CoPilot: https://t.co/j9BpD05uhM ...

Web3 Adoption - Over 170 banks are developing Web3 services [1] - The "Strategic Entry into Web3 for Banks" report by FORMULA by Cointelegraph highlights this trend [1] - The study benchmarks maturity across nine streams, including custody and RWAs (Real World Assets) [1] Industry Leaders - DBS, Citi, Standard Chartered, and JP Morgan are identified as leaders in Web3 adoption among banks [1]

Following the government shutdown, the Federal Reserve will be flying more blind than usual without key data. This could lead to a mistake in setting interest rates, cutting too much if the job market strong, too little if it's weaker than thought. But there are clues to watch on the state of the economy.One of them is the ADP's private payroll report. It came in surprisingly weak. Last month, the private sector shed 32,000 jobs, marking the biggest decrease since 2023.JP Morgan Mike Feroli says the continu ...

Consumer Credit Concerns - Credit scores are falling at the fastest pace since the global financial crisis [2] - 90-day plus delinquency rates for credit cards are north of 12%, the highest in 14 years, with an average rate of about 215% and $12 trillion [2] - CarMax reported increased loan loss reserves due to subprime customers (FICO scores under 550) having the most trouble [9] - A significant portion of thericcolor bankruptcy borrowers had no credit scores or scores around 600, highlighting concerns about lower-quality consumers [10] Market and Bank Performance - Despite consumer credit concerns, the market (HYG) has remained resilient [3] - Banks experienced pressure, possibly due to rebalancing or concerns about access to credit [4] - American Express, expected to perform well due to its higher-end demographic, was surprisingly hard hit [13][14] - Mastercard and Visa held up relatively well [14] - JP Morgan and Capital One earnings will provide insights into different customer segments [12][15] Buy Now Pay Later (BNPL) - BNPL options are prevalent for online purchases, potentially unique to this cycle [5] - Affirm (a firm) experienced a post-IPO pop but quickly broke price, indicating potential investor concerns [5][6] - The lower-end consumer is particularly relevant to the BNPL sector [8][9] Economic Outlook - The push and pull between the Fed's dual mandate (full employment and stable prices) continues [7] - PCE data was "sticky," and the upcoming jobs number may shift focus to the lower-end consumer [7][8] - The economy is perceived as "doing okay," with a good employment picture, though a government shutdown could cause disruption [12]

JUST IN: 🇺🇸 JP Morgan says there is a 70% chance of a U.S. government shutdown lasting 11-15 days 👀 ...

Market Outlook - Goldman Sachs raised its view of global equities due to strong earnings and a Fed easing cycle [1] - The market rally has been led by fundamentals and earnings recovery [4] - BIMO initially published a bull case target of 7,000 in November 2024 [5] - BIMO anticipates another 8% to 10% earnings growth into next year [6] - The average return is like 56% when a market is up 15% to 20% in the first nine months of the year, going back to 1950 [10] Investment Strategy - BIMO raised its target back to 7,000 as a bull case, seeing more reward than risk in buying stocks at record highs [7] - BIMO believes that 7,000 by year-end could be too low and the market could go higher [8] - The yield curve is expected to continue to steepen, benefiting financials and driving earnings growth [14] - BIMO expects stocks to potentially rise by high single digits to low double digits, near the historical average of 10% to 12%, especially with dividends [16] Economic Factors - Goldilocks is defined as steady interest rates, positive earnings growth, and positive GDP growth [11] - The Fed needs to build credibility, especially considering tensions with the White House and inflation [22] - BIMO anticipates at least two more rate cuts before the end of the year [23]

🔥 THROWBACK: In 2017, JP Morgan CEO called Bitcoiners stupid.In 2025, JP Morgan considered offering crypto-backed loans. https://t.co/CQUuT08zfm ...

📰 BREAKING:JP Morgan CEO Jamie Dimon WARNINGS US CRYPTO INVESTORS! ⚠️“If inflation does not go away… market risks could surge.”What does this mean for your #Crypto holdings? 🤔 https://t.co/3KEPCmv66b ...

Crypto ETF & Tokenization - Vanguard is exploring Crypto ETF access, despite previous statements against it [1] - BlackRock, formerly anti-Bitcoin, now offers Bitcoin and Ethereum ETFs, along with the tokenized BUIDL fund [1] - JP Morgan, despite past criticism, now has a digital payment token [1]