So, will next week give markets more reasons to rally or have stocks hit a wall. Tim, I know we took a bit of a breather today, but all-time highs yesterday. We were breathless before this, so we need We were out of breath.We need a little break, right. Um, but it doesn't feel like a record setting time. I mean, look at all these crosss, geopolitical tensions, slower growth.We're still dealing with stubbornly high inflation. We're slapping tariffs on everybody. Can we continue to push through the tension.We ...

Investors are counting on US stocks to rally on the back of a robust corporate earnings season, before the market loses steam toward year-end, according to Bank of America strategists https://t.co/EoV0kc9739 ...

Core Insights - The article emphasizes the importance of quantitative research, financial modeling, and risk management in equity valuation and market trends [1] - It highlights the experience of the analyst in leading teams for model validation and stress testing, showcasing a strong background in both fundamental and technical analysis [1] - The collaboration between the analyst and their research partner aims to provide high-quality, data-driven insights for investors [1] Company and Industry Analysis - The focus is on uncovering high-growth investment opportunities through rigorous risk management and a long-term perspective on value creation [1] - There is a particular interest in macroeconomic trends, corporate earnings, and financial statement analysis, which are crucial for providing actionable investment ideas [1]

Welcome back to Money Movers. The president relenting on that July 9 tariff deadline now pushing countries to make deals with the US before August 1. But with tariff uncertainty set to continue, will the Fed hold off on cutting rates this month or later in the year.Joining us here at Post 9 this morning, former Dallas Fed President and Goldman Sachs Vice Chairman Robert Kaplan's with us. Robert, good to have you in. Thanks for being by.Good to see you. What do you What do you make of that that that correlat ...

Let's turn back to the markets. Keith Lerner, truest wealth co-chief investment officer, joins us now. Keith, good morning.Um, wonder what you think the market requires at this point to to maybe continue this advance. It's been a very rapid recovery, one of the most uh rapid ones historically. Uh, and now, you know, I think people are mostly on board with the idea that things might turn out okay.Yeah. Well, great to be with you, Mike. I mean, we have used a lot of energy.Part of the reason why this market h ...

Summary of J.P. Morgan Japan Equity Strategy Conference Call Industry Overview - The conference call primarily discusses the **Japanese corporate sector**, focusing on the findings from the **June BOJ Tankan survey** regarding business sentiment and corporate earnings forecasts. Key Points and Arguments Impact of US Tariffs - The June BOJ Tankan indicates that **US tariffs have not significantly dampened corporate sentiment**, with a business conditions diffusion index (DI) for large manufacturers remaining steady at **13 points**, surpassing the Bloomberg consensus of **10 points** [1][4] - However, corporate earnings forecasts predict a **10% drag on net profit**, particularly affecting the **manufacturing sector**, especially **automobiles** and other processing industries [1][4] Corporate Earnings Forecasts - The FY2025 net profit growth forecast for large enterprises is revised to **-5.3%**, down from **-1.3%** in the March survey, aligning with the broader TSE Prime constituents' forecast of **-5.8%** [1][4] - **Manufacturers** lowered their profit growth forecast to **-9.8%**, while **non-manufacturers** raised theirs to **-0.8%** from **-2.0%** [1][4] Sales and Capital Expenditure (Capex) - Both manufacturers and non-manufacturers have increased their sales forecasts, with capex plans revised sharply upward to **+11.5% YoY** overall for large enterprises, driven by investments in **semiconductors**, **automation**, and **power transmission/distribution** [1][5] - Capex growth for manufacturers is projected at **+14.3%**, while non-manufacturers expect **+9.9%** [5] Foreign Exchange and Inflation Outlook - The corporate forex estimate for FY2025 is set at **¥145/$**, indicating a **4% YoY strengthening of the yen**, which is expected to negatively impact EPS by approximately **2 percentage points** [5][30] - The inflation outlook has slightly decreased, with companies expecting general prices to rise by **2.4%** in one year, down from **2.5%** previously [5][31] Sector-Specific Insights - Business conditions DI worsened in sectors more exposed to US tariffs, such as **automobiles** and **machinery**, while sectors like **materials** (paper & pulp, steel, oil & coal) and **construction** showed improvement [4][5] - The market consensus appears more cautious than company outlooks in sectors like **steel**, **services**, and **paper & pulp**, while being relatively optimistic for **electric & gas utilities**, **real estate**, and **communications** [4][5] Overall Corporate Sentiment - Despite the challenges posed by tariffs, corporate earnings remain resilient, particularly in domestic non-manufacturing sectors, which aligns with the investment strategy focusing on domestic demand sectors and potential upside in **semiconductors** and **machinery** [1][5] Additional Important Information - The report highlights the **limited impact of tariffs** on business conditions, with a flat DI for manufacturers and slight deterioration for non-manufacturers, which was in line with market expectations [4][5] - The report also notes that the **FY2025 TOPIX consensus EPS** has seen downward revisions in overseas demand sectors, particularly **automobiles**, which have been lowered by **18%** over the past three months, yet still shows a modest **+3.3% YoY profit growth forecast** as of end-June [4][5] This summary encapsulates the critical insights from the conference call, providing a comprehensive overview of the current state of the Japanese corporate sector and its outlook amidst external pressures.

Greetings. I'm Sean Puit, Zach's equity strategist. Today, I'm going to be discussing an article on monitoring the cake ratio to see if stocks are overvalued or if the bull run will continue.So, this has been the fastest market rebound in history. So, the S&P 500 has hit another all-time high after flirting with correction territory just three months ago in March, which is why it's important to see if stocks are overvalued at current levels or if the bull run will continue. So, with the S&P 500 dropping mor ...

Equity Strategy Rie Nishihara AC (81-3) 6736-8629 rie.nishihara@jpmorgan.com J P M O R G A N Global Markets Strategy 20 June 2025 Japan Equity Strategy Direction of Japan-US tariff negotiations after G7 summit and impact of Section 899 Japanese and US tariff negotiators did not reach an agreement during the G7 meeting in Canada. However, negotiations appear to be moving forward and are not at a complete standstill, perhaps reflecting a strategic aspect of refraining from producing clear results before Japan ...

Core Viewpoint - Palantir Technologies Inc. is highlighted as a significant player in the NDX, but the article does not present a clear buy or sell recommendation [1]. Group 1: Company Overview - Palantir Technologies Inc. is recognized as one of the largest names in the NDX, indicating its prominence in the market [1]. Group 2: Analyst Background - The analyst has over 20 years of experience in quantitative research, financial modeling, and risk management, focusing on equity valuation and market trends [1]. - The analyst previously held a Vice President position at Barclays, leading teams in model validation and stress testing, showcasing a strong background in both fundamental and technical analysis [1]. - The research is co-authored with a partner, combining complementary strengths to provide high-quality, data-driven insights [1]. Group 3: Research Focus - The research emphasizes a long-term perspective on value creation, with a particular interest in macroeconomic trends, corporate earnings, and financial statement analysis [1]. - The goal is to deliver actionable ideas for investors aiming to outperform the market [1].

Group 1 - The article emphasizes the importance of quantitative research, financial modeling, and risk management in equity valuation and market trends [1] - The focus is on uncovering high-growth investment opportunities through a combination of fundamental and technical analysis [1] - The authors highlight their expertise in macroeconomic trends, corporate earnings, and financial statement analysis to provide actionable investment ideas [1]