J.P. Morgan’s Michael Cembalest: Cicadian Rhythms

IN THIS ISSUE • Macro Strategy—Alongside a sharp contraction in economic activity, the equity market has already seen a...

Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review this week’s SOTM....

“Keep It Simple Stunad for 2023: Market will be well beyond your comfort-BUY level by the time your defined...

Markets are showing increasing stress, deteriorating market internals/breadth, and investors will advantage themselves with a game plan. Check out...

Bear markets start one of two ways, and we don’t think either cause is present currently. We call them...

Key Metrics Earnings Growth: For Q4 2021, the estimated earnings growth rate for the S&P 500 is 21.2%. If...

Optimism around a US policy pivot has continued to support valuation. In today’s note, we discuss parallels to prior...

Nobody said 2025 was going to be easy? Well, maybe the Wall Street strategists implied so with their median...