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Jacob Manoukian

U.S. Head of Investment Strategy

Jacob Manoukian serves as the U.S. Head of Investment Strategy for J.P. Morgan Private Bank and Wealth Management. In this capacity, he collaborates with asset class specialists and portfolio managers to develop and articulate the firm’s economic and market perspectives, as well as its investment strategies.

Jacob is an integral member of the firm’s Global Investment Strategy Group and Global Markets Council. He is also the principal author of several flagship publications, including the annual Outlook report. Jacob and his team specialize in analyzing macroeconomic and market developments, tailoring insights to align with clients’ portfolios and their financial goals.

Having dedicated his entire career to J.P. Morgan, Jacob previously contributed to the J.P. Morgan Asset Management Investment Strategy Team, where he supported Michael Cembalest, the firm’s Chairman of Market and Investment Strategy.

Originally from Nevada, Jacob graduated from Middlebury College in Vermont with a bachelor’s degree in Economics and a minor in Middle Eastern History. Jacob and his family live in New York City, and he enjoys skiing and fly fishing whenever he gets the chance.

Read insights from Jacob

Economy & Markets Apr 21, 2026

Job destroyer? Here’s what you need to know about AI and labor markets

The AI doomsday narrative misses key constraints that will slow disruption and boost productivity.

Economy & Markets Jun 26, 2026

The world changed in 10 days: An oil unwind and a hawkish Fed

Falling oil prices and a shift in Federal Reserve tone are easing inflation pressures and prompting a reassessment of the outlook fo…

Economy & Markets Jun 24, 2026

Semiquincententacles: the US grip on global markets

Explore Michael Cembalest’s insights on America’s 250th anniversary, global market leadership, and key trends shaping U.S. investing…

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