Insights

Market Thoughts: All better now?

I mentioned in my last note the concept of anchoring as a negotiating tactic. The White House did just that when it kicked off…

Dollar Diversification: Why Now?

Investors have long been heavily weighted to U.S. assets. We think it is time to increase global diversification.

What you need to know about the trade war rollercoaster

Tariff pause? Looming U.S.-China trade war? An economic primer can provide helpful background for your investment decision making.

Lessons from “Liberation Day”: A guide to tariffs

What could President Trump’s tariffs mean for the U.S. economy—and investors?

The 2025 Tariff Shock

Uncover Michael Cembalest’s views on recent tariff news and their potential implications.

High Anxiety: Market Implications of Tariffs

Market pundits like to play the spread between greed and fear. They pick a corner and take turns amping up extreme views. I wan…

5 key strategies to fortify portfolios

Learn how to boost portfolio resilience with five strategies that offer diversification, inflation protection and risk management.

Tariff update and what they mean for markets

President Trump shocked the global economy yesterday by announcing an increase in tariffs that raises the effective U.S. tariff…

Market Thoughts: What, me worry?

As markets struggle to find their footing, investors are caught in a headline fettered whirlwind. The pace and misdirection of…

Q1 2025 Investment Review: Rotation and Consolidation

Sentiment rules, tariffs loom, and central banks are ready. What does this mean for investors? Get the full story in our latest…

Navigating Washington's risks: Mar-a-Lago accord and tariffs

Political uncertainty has reached rare heights, with tariffs and the value of the dollar the primary risks.

Ways to strengthen a portfolio—especially for…

In uncertain times, building a resilient core is essential

Can Emerging Markets survive Trade War II?

We revisit EM winners from the last trade war, assess the impact of surging Chinese imports into these markets, and identify…

The opportunity in renewed U.S. industrial policy

In the wake of globalization’s grim consequences, three new laws seek to reindustrialize the heartland.

Insights from our CIO: Tell me something good

Powell hit on a theme I’ve been harping on for a while: the disconnect between hard and soft (survey) data.

The bull side, the bear side and the reality

U.S. equity markets approached their first weekly gain in a month. What’s coming next?

Are you ready to embrace the potential of global equities?

As risks to U.S. market exceptionalism rise, now is the time to explore often-overlooked opportunities in global equities.

Tariff implications for investors: Building a resilient…

How long can the economy’s strength last? We examine the risks to our base case.

Is it a golden era for gold?

Understanding the factors driving the price of gold, and some of the reasons it could be effective in a portfolio construction.

Tariffs: the reasons, responses and repercussions

Let’s delve into the reasons behind tariffs, take stock of market moves and potential responses from trading partners, and…

Tariff delays: Uncovering the most impacted sectors

We examine the impact of tariffs on key sectors and what it means for investors.

How investors should think about geopolitical risk

Even if we are in a more febrile environment, hiding in cash is not a winning strategy.

Navigating rate risks: How bonds are better positioned in…

Higher yields make bonds a strategic choice for investors looking to navigate the complexities of rate changes in 2025.

The China equity rally: artificial or intelligent?

Is the China Artificial intelligence (AI) opportunity real?

Insights from our CIO: Running to stand still

It’s never a good idea to overreact to headline hustlers. Investor quivers create opportunity. I count on emotional overreactio…

War and peace: What to know about global security

As world leaders reassess their defense strategies, here’s what investors should know.

Brave New Europe? Redefining trade, defense, and power

Europe is at a crossroads, and a new path that strengthens defense and embraces innovation is essential.

Beyond the Fed: Where to focus now

With the Federal Reserve likely on pause, here’s where investors can put their focus.

Why Japan remains one of our top calls

Japan currently stands out as our favorite market given its relative macro stability, safety amid global trade uncertainty.

Proposals versus policy: How to deal with uncertainty

Here are some strategies to consider for managing your portfolio in light of recent news about tariffs and geopolitical…

Exploring new opportunities in the 2025 Alternatives…

Powered by the knowledge and experience of our global team, we are pleased to share with you a carefully curated set of private…

Is the DeepSeek drama a gamechanger for the AI trade?

What does the China-based startup’s breakthrough mean for the artificial intelligence industry?

The first days of the Trump presidency: 3 things we learned

From executive orders to tariffs, here’s what we know about the President’s first few days.

Why have 10-year U.S. Treasury yields increased since the…

We break down what’s causing the atypical move in 10-year yields and what to do about it.

Alternative Investments in 2025: Our top five themes to…

Normalizing rates and new growth drivers appear poised to transform private markets, creating potential opportunities

Finding investments where disruption meets transformation

Here’s a look at how markets are solving problems—and revealing potential opportunities

Navigating the New Year: 3 resolutions for investors

Here’s what to keep in mind when refining your portfolio in 2025.

Finding investments where disruption meets transformation

Here’s a look at how markets are solving problems—and revealing potential opportunities

Would a shutdown have tarnished a banner year for U.S.…

History suggests there will be little impact, but could this time be different?

2024’s unanswered questions: 3 things we want to know

We’re still seeking answers about tariffs, China’s stimulus and more.

5 ways to build a resilient portfolio

To preserve the past year’s market gains—and prepare for unexpected shocks in 2025—here’s how you can consider building a…

The Year of Living Dangerously

I was visited by six ghosts recently warning me of dangers related to predictions, allocations, apparitions, legalizations,…

Is the deficit threat being overhyped?

Actually, the U.S. fiscal deficit has been a crucial ingredient in recent economic growth. Here’s a framework for when the…

5 things on the horizon for 2025

From AI infrastructure to the labor market, here’s what interests us about the year ahead

Debunking the top five sustainable investing myths

Sustainable investing may help you achieve your financial goals while incorporating personal values. Despite its popularity,…

Debunking the top five sustainable investing myths

Sustainable investing may help you achieve your financial goals while incorporating personal values. Despite its popularity,…

3 things we (and the markets) are grateful for this season

We’re ending the year on a note of optimism. Here’s why.

Replay Available | What do the US Election Results Mean…

Join our investment and geopolitical strategists for an in-depth discussion on how the next U.S. administration could approach…

China Outlook: Can China make it in 2025?

Let's explore the various conflicting pressures, their implications for China's economic resilience, and the opportunities they…

Past, present, future: Here’s where we stand

We review where the markets have been and share key questions for 2025, following the launch of our 2025 Outlook.

How did our 2024 Mid-Year Outlook views play out?

Our 2025 Outlook launches next week. Here’s how our previous views measured up.

Navigating a new economic era: 2025 Long-Term Capital…

Now is a good time to revisit your wealth plan and focus on your portfolio’s resilience over the next 10-15 years.

What does the Fed’s latest move mean for investors?

The easing cycle continues. Here’s how it could impact your portfolio.

U.S. election recap: What could GOP policies mean for…

With a Republican victory confirmed, we discuss what might be coming over the next term.

Retest your investments to reflect the new return outlook

The backdrop for investing has changed notably in the last few years, creating new opportunities across asset classes.

"Kamilton": the 2024 election and who tells your story

A reflection on the 2024 election and who tells your story.

The final stretch: Your top 3 U.S. election questions…

From tax policy to government debt, we share our thoughts on key issues facing investors.

Investing in the themes of the future

Why we think security and infrastructure have transformative potential and could play a role in your long-term growth strategy

Japan: a tale of two elections

In this week’s Asia Strategy Focus, we assess how the new administration and the upcoming U.S. elections could impact Japan’s…

Introducing the 29th edition of Long-Term Capital Market…

We step back from the “short-termism” of modern finance to review the bigger picture.

How to use your portfolio to amplify your charitable impact

Learn how your investments can better align with your philanthropic visions, without compromise.

How to use your portfolio to amplify your charitable impact

Learn how your investments can better align with your philanthropic visions, without compromise.

Countdown to 2025: 3 things investors should know

Does your portfolio need a tune-up? Here are a few sound principles to keep in mind.

Asia Portfolio Perspectives

The 5th annual Asia Portfolio Perspectives, bringing together thought leaders across the APAC region.

What’s on the horizon for China?

In this week’s Asia Strategy Focus we explore some of the recent developments by responding to five key questions.

A Conversation with our CIO: Market and portfolio insights

Gauging our response to the Fed’s surprise moves, investigating the election’s potential impact, evaluating China’s stock marke…

The Thucydides cap on the China equity rebound trade

For participants in the China equity rebound trade: once you hit your return targets, take the money and run.

Should you take the plunge? Discover the benefits and…

Taking a gradual approach to adding long-term equity exposure—known as phasing in, or dollar-cost averaging—can help reduce…

Fourth-quarter forecast: 3 things that could affect markets

We explore the potential impacts of geopolitical tensions, China’s policy stimulus and U.S. elections.

Building up

We see a combination of surging demand, increasing private investment, underappreciated earnings and falling interest rates as…

Opportunities Amid a Shifting

Investors should think internationally, plan strategically for their long-term goals, and structure their investment portfolios…

Putting last week’s major events into context

Here’s what you should know about escalating global conflicts and a mixed week for markets.

The Agony & The Ecstasy

The risks and rewards of a concentrated stock position.

Securing the future: How to invest for growth in a fragil…

As the world faces escalating and evolving risks, investing in security is as important as ever. Discover how aligning your…

Is this time different in China?

Let's discuss China’s latest policies, the macro and market outlook, and importantly, the opportunities and risks for investors.

Mind the Gap: a historically polarized US election

The US is about to conduct its most polarized Presidential election in 100 years.

3 things we heard at the rate cut after-party

Here’s what you need to know about the latest in housing, China’s new policies and recent S&P 500 all-time highs.

Opportunities in energy, from fossil fuels to green bonds

Our guide on how to consider investing in the volatile energy space today

Three keys to better thematic investing

We see thematic investing as an essential component clients can incorporate into their long-term investment strategy.

Rate cut breakdown: What you need to know now

We examine the Fed’s historic move and what it could mean for your portfolio.

Why this economic cycle is defying history—and breaking…

In today’s unusual economy, traditional recession signals such as the “Sahm rule” are misleading. Here’s our latest thinking an…

Notes from the road: key questions and answers for today’…

Should I wait for a rebound before entering fixed income?

Why it might be a new day for growth equity

While private market growth equity valuations have seen a steep decline since the 2021 peak, we see signs that new opportunitie…

Insights from our CIO: It ain’t over till it’s over

As the battle between fear and greed intensifies, investors must navigate market volatility and political uncertainties with a…

How did the markets respond to the U.S. presidential debate?

We examine shifts in U.S. election odds and financial markets after the candidates’ first meeting.

A tale of two markets: Divergence amid the post–Labor Day…

This week, AI underperformed while fixed income shined. Here’s our take on a week of volatile market moves.

3 moments that defined August

As we set course for the upcoming rate-cutting cycle, here’s what we learned from August’s highs and lows.

Back to school: 3 principles for your portfolio

As we prepare to say so long to summer, we thought it is apt to review some investing basis for the year ahead.

Notes from Washington: Trade War Redux?

We recently returned from Washington, D.C., where we hosted meetings with a mix of policymakers, former policymakers, and…

Rate-cutting playbook: Investment strategies for offense…

Position your portfolio for the coming rate cuts

How to invest into a multi-trillion megatrend

The global economy is evolving. The energy grid and supply chains are being reimagined. We see spending on these developments…

Weighing the impact of a potential Trump victory

Four priorities for the Republican ticket—trade policy, taxes, immigration and industrial spending—will have an impact on…

Moving to Dubai: What you need to know

Dubai has become a very attractive destination for entrepreneurs, highly skilled professionals, investors and their families.

The why, who, what and how of starting a family office

Thinking of starting a family office? Four key decision points to consider.

Wealth planning

The first rule of philanthropy: Know your “why”

Having a clear idea of the impact you hope to achieve is the best starting point for a process that is rewarding—and often…

How to find meaning and purpose in a life of plenty?

For next-generation family members: Find your way forward by developing these four core competencies.

Awards and Recognition for the Asia Private Bank

At J.P. Morgan Private Bank, we strive to build long-term relationships with our clients while delivering first-class business…

Asia Pacific Top 100 Women-Powered, High-Growth Businesse…

The report, developed in partnership with Ernst & Young, recognizes women leaders behind some of the region’s highest-growth…

Stewardship and Purpose

We discussed wealth with the world’s wealthiest. Our findings in their words.

Love and money: How to be open and honest about finances

Some couples avoid talking about wealth. But frank conversations can bring you closer together.

How much cash is too much cash?

Near-and-dear assets deserve a special place in your trus…

Private businesses, real estate and/or mineral asset holdings for example, may have a special place in your heart as well as…

Latest & Featured

Keep up with the most recent and impactful insights across investing, wealth planning, philanthropy and more.

Wealth Planning

From essential updates on the tax landscape and how you can navigate it most efficiently, to tips on making the most out of the…

Here’s why you want to stress test your estate plan now

A quick guide to what you may want to examine—and when.