Making Sense

2025 e-Trading Insights: What’s top of mind for institutional traders?

11 Feb 2025

Contributed by Lukas

In this episode, Patrick Whelan, head of FICC Digital Markets at J.P. Morgan, and Gergana Thiel, Global co-head of Macro Sales, delve into the latest ...

January jobs report: 'A pretty favorable picture overall'

07 Feb 2025

Contributed by Lukas

Join Mike Feroli, J.P. Morgan's chief U.S. Economist, and Lauren Brice from the U.S. Rates Sales team, as they delve into the January jobs report. Dis...

From uncertainty to opportunity: The future of EMEA dealmaking

04 Feb 2025

Contributed by Lukas

Join host Louise Bennetts, head of J.P. Morgan's board advisory team in EMEA, as she delves into the European dealmaking outlook for 2025. In this ins...

Navigating Asia’s bond and equity markets

28 Jan 2025

Contributed by Lukas

In this episode of J.P. Morgan’s Making Sense, host Meridy Cleary from the FICC Market Structure team engages in an insightful discussion with Clare...

Trading Insights: Risk and reward for European equities post-YTD rally

24 Jan 2025

Contributed by Lukas

In this episode, Federico Manicardi, Head of International Market Intelligence, and Victoria Campos, a team member, delve into the risk and reward dyn...

Navigating the hedge fund frontier: Insights from CPP Investments

21 Jan 2025

Contributed by Lukas

In this episode, Kumar Panja, EMEA head of the Capital Advisory Group at J.P. Morgan, engages in a compelling conversation with Amy Flikerski, Managin...

Trading Insights: US equities: Buy the dip or brace for volatility?

14 Jan 2025

Contributed by Lukas

In this episode, Sunny Potharaju from the Positioning Intelligence team is joined by John Schlegel, head of the Global Positioning Intelligence team a...

2025 Corporate Compass: Insights for a transformative year

07 Jan 2025

Contributed by Lukas

In this episode, hosts Rama Variankaval, Global Head of Corporate Advisory, and Evan Junek, Global Head of Corporate Finance Advisory, explore the ins...

A year of divergence: The market and economic outlook for 2025

19 Dec 2024

Contributed by Lukas

In this episode, Fabio Bassi, head of Cross-Asset Strategy, hosts a comprehensive discussion with J.P. Morgan Research experts on the market and econo...

Trading Insights: AI in the macro process, with Balyasny’s head of Macro Research & Chief Economist

13 Dec 2024

Contributed by Lukas

In this episode, we hear from Chris Pulman, head of Macro Research and Chief Economist at Balyasny Asset Management. Chris discusses the role of Macro...

“A year of surprises”: Global capital markets recap and 2025 outlook

12 Dec 2024

Contributed by Lukas

Join host Amaury Guzman and Kevin Foley, Global Head of Capital Markets, as they dive into the 2024 market surprises, implications from the U.S. elect...

Trading Insights: Thinking ‘Future Back’, with J.P. Morgan’s head of Corporate Futurism

10 Dec 2024

Contributed by Lukas

In this episode, we hear from Debora Kantt, head of Corporate Futurism at J.P. Morgan. Debora discusses the importance of thinking ‘Future Back’, ...

Trading Insights: Long-term investing for a long-term mission, with Wellcome Trust

21 Nov 2024

Contributed by Lukas

In this episode we hear from Elaina Elzinga, Principal and Head of Active Manager Selection at Wellcome Trust. Elaina runs through portfolio construct...

Trading Insights: A post-election rally in US equities

19 Nov 2024

Contributed by Lukas

In this episode, the Data Assets & Alpha Group review recent U.S. equity strength and discuss the potential for a further rally into year-end.  T...

How Trump 2.0 could impact the global economy and markets

15 Nov 2024

Contributed by Lukas

In this episode of Research Recap, chair of Global Research Joyce Chang and chief economist Bruce Kasman discuss the economic and geopolitical implica...

Trading Insights: QIS developments and the use of LLMs

12 Nov 2024

Contributed by Lukas

In this episode, we hear from Deepak Maharaj, Head of Equities and Cross Asset QIS Structuring at J.P. Morgan. Deepak discusses the rapid development ...

How hedging market risk is changing

07 Nov 2024

Contributed by Lukas

As electronic trading continues to expand across asset classes, how has this shaped the way market risk is hedged? Do market makers hedge risk differe...

Navigating the hedge fund frontier: Insights on early-stage investing

05 Nov 2024

Contributed by Lukas

Dive into the world of early-stage hedge fund investing with Kumar Panja, EMEA Head of Capital Advisory Group and Sam Diedrich, Managing Director and ...

More questions than answers in the October jobs report

01 Nov 2024

Contributed by Lukas

Explore the latest insights from the U.S. employment report in this episode of Research Recap on J.P. Morgan's Making Sense podcast. Phoebe White, Hea...

How bond ETFs are shaping the trading landscape

29 Oct 2024

Contributed by Lukas

As innovation in the fixed income landscape continues to evolve, Meridy Cleary from the FICC Market Structure & Liquidity Strategy team is joined ...

The surge in ETFs: A great growth story

25 Oct 2024

Contributed by Lukas

What’s behind the ETF market’s dramatic growth and what are the trends to watch? Join Bram Kaplan, head of Americas Equity Derivatives Strategy, t...

Tech Stars Conference: What's next for EMEA tech?

24 Oct 2024

Contributed by Lukas

Get insights from the J.P. Morgan Tech Stars Conference in London. Join Katharina Ochs from the EMEA Equity Capital Markets team as she chats with Alo...

T+1 deep dive, part 2: Future outlook for Asia and Europe

22 Oct 2024

Contributed by Lukas

In part 2 of our T+1 deep dive, we explore the initiatives driving the much-anticipated move to T+1 settlement in the U.K., the E.U., and parts of Asi...

T+1 deep dive, part 1: Lessons learned from the US rollout

18 Oct 2024

Contributed by Lukas

In part 1 of our T+1 deep dive, we unpack the move to T+1 settlement in the U.S. and neighboring markets. Our discussion covers why the U.S. transitio...

The four W's driving food insecurity: War, weather, waste and water

16 Oct 2024

Contributed by Lukas

Explore the pressing issue of global food insecurity in this episode of Research Recap on J.P. Morgan's Making Sense podcast. Join Tracey Allen, Head ...

Trading Insights: How high is positioning in US equities?

15 Oct 2024

Contributed by Lukas

In this episode we hear from John Schlegel regarding how high positioning looks post the stellar rally in US equities.  John discusses the recent dri...

Trading Insights: An intersection between quant and fundamental investing, with Matt Jones, Global PM at Fidelity

11 Oct 2024

Contributed by Lukas

In this episode we hear from Matt Jones, Global Portfolio Manager at Fidelity International. Matt discusses the intersection of quant techniques with...

Payments Unbound: The future of cross-border payments

10 Oct 2024

Contributed by Lukas

Join Leana Ferguson, Payment Sales and Relationship Manager for Financial Institutions at J.P. Morgan, as she delves into the future of cross-border p...

Unpacking September's unexpectedly robust jobs report

04 Oct 2024

Contributed by Lukas

The U.S. labor market exceeded expectations in September, adding 254,000 nonfarm payrolls and surpassing all forecasts. Join Phoebe White, Head of U.S...

What's driving growth for founders today?​

03 Oct 2024

Contributed by Lukas

Join host John Richert, Head of Mid-Cap Investment Banking, to explore the pivotal role founders play in driving innovation and shaping today’s econ...

Debt capital markets: A post-summer deep dive​

19 Sep 2024

Contributed by Lukas

Join host Emma Zederfeldt for a post-summer deep dive into the state of debt capital markets with John Servidea, Global co-Head of Investment Grade Fi...

Trading Insights: Evolution of the US ETF market

17 Sep 2024

Contributed by Lukas

In this episode we hear from Chris Andrew,  Head of Market Structure and Regulatory Change (EMEA) at J.P. Morgan.  Chris discusses the evolution of ...

Leveraged finance markets: As good as it gets?

12 Sep 2024

Contributed by Lukas

Join Daniel Rudnicki Schlumberger, Head of Leveraged Finance in EMEA, Andrew Crook, Head of Leveraged Finance Sales, and Daniel Lamy, Head of European...

What’s next for private credit?

10 Sep 2024

Contributed by Lukas

The rapid growth of the private credit market has fundamentally altered the corporate lending landscape in recent years, blurring the lines between cl...

India's private equity boom: Insights and opportunities

05 Sep 2024

Contributed by Lukas

India has emerged as a top market for global private equity firms in the last decade, but what’s been driving this growth? Join Abhinav Bharti, Hea...

Trading Insights: Tracking the retail investor via social media data

30 Aug 2024

Contributed by Lukas

In this episode we hear from Edwina Lowe, Product Specialist within the Data Assets & Alpha Group and Luca Rainero, Head of the Data Intelligence ...

Recession or slowdown? Navigating uncertainty​

29 Aug 2024

Contributed by Lukas

Ben Thompson, Head of EMEA Leveraged Finance Capital Markets, hosts Jonathan Butler, Head of European Leveraged Finance and Co-Head of Global High Yie...

Pivotal themes in public finance

27 Aug 2024

Contributed by Lukas

How are U.S. policy developments driving infrastructure investment activity in the public finance market? As financing strategies evolve, trends are e...

What’s in store for back-to-school spending?

23 Aug 2024

Contributed by Lukas

The back-to-school shopping season is one of the most important times of the year for both retailers and consumers alike. What are sales expected to ...

Market recap: Key takeaways from August's volatility​

22 Aug 2024

Contributed by Lukas

In this episode, John Zimmerman and Nadine Yang from our Equity Capital Markets team discuss the dramatic start to August across the global markets. T...

Power trading amps up

20 Aug 2024

Contributed by Lukas

With power markets sparking increased investor interest, this episode explores the shifting competitive dynamics, global trading themes, and policy de...

Advancing Alternatives: Robyn Grew, CEO of Man Group

16 Aug 2024

Contributed by Lukas

Join Claudia Jury, Global Co-Head of Sales & Research at J.P. Morgan and Robyn Grew, CEO of Man Group, for a discussion on the intricate landscape...

Private credit in focus: A deep dive into direct lending​

15 Aug 2024

Contributed by Lukas

Join host Amaury Guzman and Jeff Bracchitta, Co-Head of Direct Lending, as they explore the rapid growth and future potential of private credit. This...

Technology's role in the new private market landscape

13 Aug 2024

Contributed by Lukas

Join Montserrat Serra-Janer, Global Head of Private Market Sales at Securities Services and Prime Finance Sales at J.P. Morgan, and Afrim Zeka, Head o...

Digitization of portfolio management and J.P. Morgan’s Vida platform

13 Aug 2024

Contributed by Lukas

In this episode we hear from Gurps Kharaud, Global Head of Equities Digital Markets, and Franc Chioccola, Head of Vida Portfolio Solutions and a membe...

The future of food: A conversation with Infinite Roots​

08 Aug 2024

Contributed by Lukas

Thibaud De Maria, Head of Green Economy Banking for EMEA, hosts Mazen Rizk, Founder and CEO of Infinite Roots, to explore the fascinating world of myc...

Standout themes in Mexico’s FX and rates markets

06 Aug 2024

Contributed by Lukas

Meridy Cleary from the FICC Market Structure & Liquidity Strategy team speaks to Juan Badia, Head of Local Markets in Mexico, to discuss key execu...

Could July’s jobs report lead to a series of rate cuts?

02 Aug 2024

Contributed by Lukas

In today’s episode, we dive into the latest U.S. employment report. Join Mike Feroli, Chief U.S. Economist, and Phoebe White, Head of U.S. Inflation...

Unpacking the investment banking outlook in Asia Pacific

01 Aug 2024

Contributed by Lukas

From the key regional markets of Japan, India and China to trending sectors, join host Mark Fiteny and Paul Uren, Head of Asia Pacific Investment Bank...

Tactical US equity view as earnings ramp up

30 Jul 2024

Contributed by Lukas

In this episode, the Data Assets & Alpha Group discuss the drivers of the recent sell-off and rotation in US equities, as well as the early takeaw...

What’s the outlook for markets and the economy in post-election India?

26 Jul 2024

Contributed by Lukas

How will the election results and a new coalition government shape the outlook for economic policy and financial markets in India? Join Jahangir Aziz,...

Rowing to success at J.P. Morgan

25 Jul 2024

Contributed by Lukas

In this special episode, host David Rawlings catches up with J.P. Morgan employees who have made the leap from world champions to global finance. Moha...

The market outlook at mid-year: A long road to normal

19 Jul 2024

Contributed by Lukas

Join J.P. Morgan’s Research analysts as they explore what lies ahead for markets in the second half of 2024. Will stock market concentration continu...

How is innovation reshaping the future of healthcare?​

18 Jul 2024

Contributed by Lukas

Join host Dania Chehab from EMEA Healthcare Investment Banking team and Mike Gaito, Global Head of Healthcare Investment Banking, as they recap J.P. ...

Are animal spirits driving M&A in the UK and EMEA?

16 Jul 2024

Contributed by Lukas

Host Evan Junek is joined by James Robinson, Head of UK and Ireland M&A, and Dwayne Lysaght, Head of EMEA M&A, to unpack the revitalization of...

Powering growth through partnership: Mid-Cap investment banking & financial sponsors

12 Jul 2024

Contributed by Lukas

In this episode, host John Richert, Head of J.P. Morgan’s Mid-Cap Investment Banking Team, discusses current and future state of mid-cap finance wit...

US equities at all-time highs

10 Jul 2024

Contributed by Lukas

In this episode, the group discuss risk / reward for US equities following a further leg higher and S&P500 hitting fresh all time highs (ATHs).  ...

Does the June jobs report indicate a soft landing?

08 Jul 2024

Contributed by Lukas

Nonfarm payrolls increased by 206,000 in June — broadly in line with expectations — while the unemployment rate ticked up to 4.1%. Does this spell...

What’s shaping the capital markets in 2024?

08 Jul 2024

Contributed by Lukas

Join host Amaury Guzman and Kevin Foley, Global Head of Capital Markets, as they dive into the current state of global capital markets. Explore econom...

The evolution of FICC markets

05 Jul 2024

Contributed by Lukas

In this episode, we hear from Kate Finlayson, Head of FICC Market Structure & Liquidity Strategy at J. P. Morgan. Kate discusses the complexities ...

The AI supply chain, with Timefolio’s Singapore CIO

02 Jul 2024

Contributed by Lukas

In this episode, we hear from Jae Lee, CIO and CEO of Korean hedgefund Timefolio’s Singapore business.  Jae discusses the importance of analyzing t...

What’s driving rent inflation?

28 Jun 2024

Contributed by Lukas

While inflation has eased in recent months, rent costs are still running above pre-pandemic norms. What’s driving the strength in rental markets, an...

The Tech Pulse: Inside the 2024 technology investment landscape

27 Jun 2024

Contributed by Lukas

In this episode, host Pankaj Goel, Co-Head of J.P. Morgan's Technology Investment Banking for North America, delves into the dynamic technology landsc...

Data Assets & Alpha Group: An underperformance in European equities

25 Jun 2024

Contributed by Lukas

In this episode the group explore the risk / reward for European equities following a sharp period of underperformance vs US equities in recent weeks....

State of the High Yield Debt Capital Markets​

21 Jun 2024

Contributed by Lukas

Join host Amaury Guzman and Brian Tramontozzi, Head of North American Leveraged Finance Capital Markets, as they dive into the high yield and leverage...

J.P. Morgan’s Board Summit: Takeaways for Directors in 2024

14 Jun 2024

Contributed by Lukas

In this episode, host Rebecca Thornton and Charlie Post, Co-Head of Media & Communications M&A, recap the key takeaways from J.P. Morgan’s 1...

Data Assets & Alpha Group: Extending the trend, with J.P. Morgan’s Lead CTA Structurer

11 Jun 2024

Contributed by Lukas

In this episode we hear from Jagadish Chalasani, lead structurer for CTA strategies at J.P. Morgan.  Jagadish runs through the benefits but also chal...

May jobs report exceeds expectations

07 Jun 2024

Contributed by Lukas

Despite signs of an economic slowdown, nonfarm payrolls increased by 272,000 in May, far surpassing expectations. In this episode, Phoebe White, Head ...

IPO Comeback: What’s driving the uptick?

06 Jun 2024

Contributed by Lukas

Join host David Rawlings and Keith Canton, Head of Americas Equity Capital Markets, as they explore the resurgent IPO market in 2024. Discover key...

What are the implications of the upcoming elections?

31 May 2024

Contributed by Lukas

2024 is a watershed year for elections, with 77 contests across the globe. How will the possible outcomes shape the macro outlook, and what are the r...

Data Assets & Alpha Group: Harnessing equity alphas, with Jupiter’s Head of Systematic Equities (Part 2)

29 May 2024

Contributed by Lukas

In this episode we hear from Dr Amadeo Alentorn, Head of Systematic Equities at Jupiter Asset Management.  In Part 2 Amadeo discusses competitive dyn...

Data Assets & Alpha Group: Harnessing Equity Alphas, with Jupiter’s Head of Systematic Equities (Part 1)​

28 May 2024

Contributed by Lukas

In this episode we hear from Dr Amadeo Alentorn, Head of Systematic Equities at Jupiter Asset Management.  In Part 1 Amadeo discusses the evolution...

High Tides Lift All Boats: Connecting for Success at J.P. Morgan's Board Summit

23 May 2024

Contributed by Lukas

Join host Rebecca Thornton and guest Jan Singer, former CEO and current Board Director, as they explore the complexities of boardroom dynamics, the ev...

FICC Market Structure: The evolving execution ecosystem

20 May 2024

Contributed by Lukas

Which asset classes are next to be electronified and how is the network effect driving trading trends? Head of Digital Markets, Eddie Wen joins Kate F...

How are streaming platforms reshaping entertainment?

17 May 2024

Contributed by Lukas

In this episode of Research Recap, Jack Atherton, who covers Technology, Media and Telecom Specialist Sales, delves into the latest trends shaping the...

Unpacking renewable energy across Asia Pacific

16 May 2024

Contributed by Lukas

In this episode, host Matthew Chan, head of J.P. Morgan Sustainability and ESG Engagement in Asia Pacific, sits down with Greg Zdun, Head of Asia Paci...

More upside risks for the oil market?

15 May 2024

Contributed by Lukas

Brent Crude has traded roughly 20% higher since the start of the year due to a combination of strong demand growth and production cuts. Looking ahead,...

Data Assets & Alpha Group: A special-situations approach to Alpha, with Blantyre Capital’s Founder and CIO

14 May 2024

Contributed by Lukas

In this episode, we hear from Mubashir Mukadam, Blantyre Capital’s Founder and CIO.  Mubashir discusses the investment philosophy behind Blantyre’...

April jobs report shows signs of cooling

03 May 2024

Contributed by Lukas

According to the April jobs report, the U.S. labor market is showing signs of cooling. Nonfarm payrolls were softer than anticipated increasing by 175...

Data Assets & Alpha Group: An equities dip to be bought?

30 Apr 2024

Contributed by Lukas

In this episode the group discuss risk / reward for US equities following the dip through April.  They discuss possible reasons for recent equity wea...

Data Assets & Alpha Group: Equity concentration risks and the retail investor

23 Apr 2024

Contributed by Lukas

In this episode, we hear from Chris Andrew, Head of EMEA Market Structure at JP Morgan.  Chris runs through the evolution of equity turnover ratios a...

FICC Market Structure: Tapping into Asia’s markets

22 Apr 2024

Contributed by Lukas

How are financial markets in Asia attracting increased foreign investor participation? Leland Price and Meridy Cleary from the FICC Market Structure &...

Data Assets & Alpha Group: Evolution of data management – and where to next

16 Apr 2024

Contributed by Lukas

In this episode, we hear from Gerard Francis and Ashley Peterson on the evolution of data management to date, and the likely path from here.  They di...

Mobilizing development finance in Asia Pacific

09 Apr 2024

Contributed by Lukas

Progress in Asia Pacific is crucial for achieving the UN's Sustainable Development Goals globally. However, identifying suitable financing opportuniti...

How is the generative AI landscape evolving?

08 Apr 2024

Contributed by Lukas

Dive into the future of generative AI with Mark Murphy, Head of U.S. Enterprise Software Research, Gokul Hariharan, Co-Head of APAC TMT Research, and ...

March jobs report underscores labor market tightness

05 Apr 2024

Contributed by Lukas

Non-farm payrolls increased by 303,000 last month, far exceeding expectations. What’s underpinning the strength in the U.S. labor market? What does ...

How can tax equity spur the energy transition?

04 Apr 2024

Contributed by Lukas

In this episode, host Evan Junek sits down with Rubiao Song, Head of Energy Tax Equity Investments, to discuss how this structured equity plays a ke...

Data Assets & Alpha Group: APAC equity market structure & the liquidity landscape

02 Apr 2024

Contributed by Lukas

In this episode, the group discusses dynamics in APAC equity market structure, including the rise in APAC turnover ratios in recent years (in contrast...

How are rising cocoa prices impacting chocolate brands?

01 Apr 2024

Contributed by Lukas

Cocoa prices have soared to an all-time high due to a global supply shortage. What’s the impact on chocolate makers, and what are they doing to adap...

The EMEA Brief: Unpacking investment banking dynamics in the region

28 Mar 2024

Contributed by Lukas

In this episode, host David Rawlings chats with Dorothee Blessing and Conor Hillery, Co-Heads of Investment Banking for EMEA at J.P. Morgan, on the ...

The Future of Development Finance: Balancing impact and returns

25 Mar 2024

Contributed by Lukas

Join host Evan Junek and Arsalan Mahtafar, Head of J.P. Morgan Development Finance Institution (DFI), as they explore key findings from the latest ann...

Data Assets & Alpha Group: What’s next for European equities?

19 Mar 2024

Contributed by Lukas

In this episode, the group discuss recent outperformance in European equities - and particularly outperformance in European large caps, via SX5E Index...

Is demand for electric vehicles slowing down?

18 Mar 2024

Contributed by Lukas

Electric vehicles have been getting mixed headlines of late, with consumer demand declining and auto firms cutting back on investments in this area. W...

Navigating the Green Investment Frontier: Insights from the Clean Tech Stars Conference

14 Mar 2024

Contributed by Lukas

This episode dives into insights from J.P. Morgan’s Clean Tech Stars Conference, exploring opportunities and challenges in the clean tech sector. Ho...

Data Assets & Alpha Group: Data in the stock picking process, with BlackRock’s EMEA CIO of Fundamental Equities

12 Mar 2024

Contributed by Lukas

In this episode we hear from Helen Jewell, EMEA CIO of Fundamental Equities at BlackRock.  Helen discusses the evolution of data in the fundamental d...

Some signs of cooling in the February jobs report

08 Mar 2024

Contributed by Lukas

The labor market continues to display remarkable resilience, with 275,000 jobs added in February. However, the U.S. jobless rate hit a two-year high w...

Soft Landing? M&A Boom? Unpacking the Global High Yield & Leveraged Finance Conference

05 Mar 2024

Contributed by Lukas

Join Kevin Foley, Global Head of Debt Capital Markets and Tarek Hamid, Head of North American Corporate Credit Research, as they recap highlights from...

Data Assets & Alpha Group: A macroeconomic approach to investing, with Fulcrum’s Chief Research Officer

27 Feb 2024

Contributed by Lukas

In this episode we hear from Fulcrum’s Chief Research Officer Juan Antolin Diaz.  Juan discusses the macroeconomic and advanced econometric approac...

FICC Market Structure: Blockchain’s case for liquidity

26 Feb 2024

Contributed by Lukas

Is blockchain still a pipedream? In a world of increasing trading costs and capital constraints, could distributed ledger technology facilitate greate...

China’s economic outlook and policy pathways for 2024

23 Feb 2024

Contributed by Lukas

Dive into the intricacies of China's economic landscape with Joyce Chang, Chair of Global Research at J.P. Morgan, and Haibin Zhu, Chief China Economi...