Making Sense

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...

Strategic investment themes for 2024

20 Feb 2024

Contributed by Lukas

“It’s all about the U.S., for better or for worse.” What are the key themes driving global markets and economies in 2024 and beyond? Will geopol...

Data Assets & Alpha Group: Can US equities break even higher?

16 Feb 2024

Contributed by Lukas

In this episode the group discuss risk / reward for US equities following an incredibly strong rally over the last 3 months.  They discuss strength i...

What to expect at the 2024 High Yield & Leveraged Finance Conference?

15 Feb 2024

Contributed by Lukas

Ahead of J.P. Morgan’s Global High Yield & Leveraged Finance conference, Brian Tramontozzi, Head of North American Leveraged Finance Capital Mar...

FICC Market Structure: The future of electronic trading

06 Feb 2024

Contributed by Lukas

What do traders look for as they navigate market volatility in a dynamic landscape? How can firms utilize emerging technologies to achieve optimum out...

Surprising payroll and wage gains in the latest jobs report

02 Feb 2024

Contributed by Lukas

The U.S. labor market continues to outperform expectations, with non-farm payrolls growing by 353,000 in January and wages increasing 4.5%. What does ...

Data Assets & Alpha Group: Asset Allocation amid Climate Risks, with Fidelity Intl Macroeconomist

30 Jan 2024

Contributed by Lukas

In this episode we hear from Anna Stupnytska, Global Macro Economist at Fidelity International.  Anna discusses the impact of Climate Change on growt...

A bullish outlook for gold in 2024?

26 Jan 2024

Contributed by Lukas

After hitting record highs in 2023, will gold prices enjoy another glittering year? And will silver prices follow suit? Join Natasha Kaneva, Head of G...

“Opening with a Bang”: An update on the European Leveraged Finance Markets

25 Jan 2024

Contributed by Lukas

Join this roundtable discussion with Daniel Rudnicki Schlumberger, Head of Leveraged Finance EMEA, Ben Thompson, Head of EMEA Leveraged Finance Capita...

The Global Economy in 2024: Trends and Surprises with Michael Cembalest

23 Jan 2024

Contributed by Lukas

Join host David Rawlings and Michael Cembalest, Chairman of Market and Investment Strategy at J.P. Morgan Asset and Wealth Management, as they discuss...

Insights from J.P. Morgan’s 42nd Healthcare Conference

19 Jan 2024

Contributed by Lukas

As the 42nd J.P. Morgan Healthcare Conference wraps up, host David Rawlings and Mike Gaito, Global Head of Healthcare Investment Banking, explore the ...

2024 Global Inflation Outlook

17 Jan 2024

Contributed by Lukas

Inflation slowed across the globe in 2023, raising hopes of a soft landing. Looking ahead, will it decline further or will it prove to be sticky above...

Data Assets & Alpha Group: 2023 Surprises and a Look Ahead

16 Jan 2024

Contributed by Lukas

In this episode, the group discuss the key surprises that emerged through 2023, how they played out from a positioning perspective and key catalysts t...

A Guide to Navigating 2024 for Corporate Decision Makers

10 Jan 2024

Contributed by Lukas

In this podcast, Rama Variankaval, Global Head of Corporate Advisory & Sustainable Solutions, regroups with his teammate Evan Junek to introduce t...

Data Assets & Alpha Group: US Macro & Positioning Views - January 2024

09 Jan 2024

Contributed by Lukas

In this episode, Andrew Tyler (Head of US Market Intelligence) and John Schlegel (Head of Global Positioning Intelligence) discuss the tactical view f...

December jobs report beats estimates

05 Jan 2024

Contributed by Lukas

The pace of hiring in the U.S. continues apace, with the economy adding 216,000 jobs in December — significantly more than expected. At the same tim...

Data Assets & Alpha Group: The Evolution of Systematic Strategies, with Aspect Capital’s CEO (Part 2)

04 Jan 2024

Contributed by Lukas

In this 2-part episode, we hear from Anthony Todd, CEO of Hedge Fund Aspect Capital, a diversified systematic asset manager which Anthony Co-Founded m...

FICC Market Structure: Uncovering Key Trends in EM Swaps

03 Jan 2024

Contributed by Lukas

With more attention on emerging market interest rate derivatives than ever before, this episode delves into key trading dynamics. Meridy Cleary from t...

Data Assets & Alpha Group: The Evolution of Systematic Strategies, with Aspect Capital’s CEO (Part 1)

02 Jan 2024

Contributed by Lukas

In this 2-part episode we hear from Anthony Todd, CEO of Hedge Fund Aspect Capital, a diversified systematic asset manager which Anthony Co-Founded mo...

What’s the Outlook for Holiday Shopping This Season?

21 Dec 2023

Contributed by Lukas

Ongoing inflation, high interest rates and diminishing excess savings are pressurizing consumer confidence this holiday shopping season. Against this ...

Data Assets & Alpha Group: Demystifying AI in the Financial Domain (Part 2)

15 Dec 2023

Contributed by Lukas

In this 2-part episode, we delve into 5 major AI / ML models and 40+ associated keywords, running through the merits and differences between those mod...

2024 Outlook: Windows of Opportunity, Bouts of Volatility

14 Dec 2023

Contributed by Lukas

In this year-end episode, host Kathleen Darling leads a roundtable discussion with Kevin Foley, Global Head of Debt Capital Markets, and Achintya Man...

Data Assets & Alpha Group: Demystifying AI in the Financial Domain (Part 1)

13 Dec 2023

Contributed by Lukas

In this 2-part episode, we delve into 5 major AI / ML models and 40+ associated keywords, running through the merits and differences between those mod...

FICC Market Structure: Breaking Down Basel III: What the US Proposals Could Mean

11 Dec 2023

Contributed by Lukas

What is Basel III and how might the recent US proposals impact markets? Kate Finlayson, Global Head of FICC Market Structure, and Meridy Cleary in FIC...

Does the November Jobs Report Point to a Soft Landing?

08 Dec 2023

Contributed by Lukas

In November, the U.S. economy added 199,000 jobs — boosted by workers returning from strikes — while the unemployment rate fell to 3.7%. What does...

2024 Investment Banking Outlook

07 Dec 2023

Contributed by Lukas

As we wrap up 2023, David Rawlings hosts Jay Horine, North America Head of Investment Banking and Co-Head of Global Energy, Power, Renewables and Mini...

Why is Cybersecurity in the Spotlight?

04 Dec 2023

Contributed by Lukas

Recent high-profile data breaches and geopolitically motivated cyber-attacks are driving awareness around the importance of risk mitigation. What’s ...

The Growing Appetite for Obesity Drugs

01 Dec 2023

Contributed by Lukas

The market for GLP-1s — also commonly known as obesity drugs — is projected to exceed $100 bn globally by 2030. Why are these drugs growing in po...

How Can Sustainable Finance Make a Global Impact?

30 Nov 2023

Contributed by Lukas

In this episode, host Evan Junek welcomes back Faheen Allibhoy, Global Head of Development Banks and Multilateral Institutions. They spotlight sustain...

A Perfect Storm of Growth in Debt Private Placements

22 Nov 2023

Contributed by Lukas

Join Todd Marr, Head of Debt Private Placements at J.P. Morgan, as he unpacks the growth in the debt private placement market. Hosted by Tan Hunjan, t...

What’s the Outlook for Energy Markets in 2024?

17 Nov 2023

Contributed by Lukas

On the back of J.P. Morgan’s recent Global Energy Conference, Christyan Malek, Global Head of Energy Strategy and Head of EMEA Oil & Gas Equity ...

Data Assets & Alpha Group: The Case For Further Near-Term US Upside

16 Nov 2023

Contributed by Lukas

In this episode the group discusses US equities in the context of the near 10% S&P500 rally over the last few weeks.  They discuss the fundamenta...

Ready to Navigate Market Windows?

09 Nov 2023

Contributed by Lukas

Todd Rothman, Managing Director of North American High Yield and Leveraged Loan Capital Markets, dives into the latest developments in the leverage lo...

Signs of Softening in the October Jobs Report

03 Nov 2023

Contributed by Lukas

Michael Feroli, Chief US Economist, and Samantha Azzarello, Head of Content Curation and Strategy, discuss the October payrolls report. This episode w...

Data Assets & Alpha Group: Trend-following in alternative markets, with Florin Court’s Deputy CIO

01 Nov 2023

Contributed by Lukas

In this episode we hear from David Denison, Deputy CIO of Hedge Fund Florin Court Capital, a diversified systematic asset manager.  David discusses t...

Will Halloween Lead to a Strong Holiday Season?

31 Oct 2023

Contributed by Lukas

From giant skeletons to pet costumes, find out what’s been filling Halloween shopping baskets with consumer sector specialist Briggs Barton and Carl...

Key Takeaways From the IMF/World Bank Annual Meetings

27 Oct 2023

Contributed by Lukas

Resilience. Fragmentation. Divergence. These were just some of the buzzwords that emerged during the investor conference J.P. Morgan hosted at the IMF...

Considering an IPO? Themes and Thoughts on the Next Wave

26 Oct 2023

Contributed by Lukas

Although the IPO market has been quiet since its 2021 peak, signs of resurgence are emerging. Join Lorenzo Soler, Head of Global Equity Syndicate, and...

Is The Economy on Track for a Soft Landing?

20 Oct 2023

Contributed by Lukas

Fed policy, inflation and jobs growth are top of mind — find out what they mean for the economy as J.P. Morgan experts share their insights and pred...

Setting New Standards for Corporate Hybrid Bonds

19 Oct 2023

Contributed by Lukas

In light of the proposed updates from Moody’s on corporate hybrids, we dive into the potential changes and implications for financing strategies. In...

Data Assets & Alpha Group: Using Complex AI Techniques to Invest; with HF Founder Renee Yao

18 Oct 2023

Contributed by Lukas

In this episode we hear from Renee Yao, Founder and CIO of Hedge Fund Neo Ivy, a firm which uses complex AI techniques in the investment process.  Re...

FICC Market Structure: Top of Mind Themes for Q4

17 Oct 2023

Contributed by Lukas

This episode highlights some of the top market structure themes you need going into Q4 2023, including the focus on Treasury basis trading, Basel III ...

Are There More Optimistic Times Ahead for Europe?

12 Oct 2023

Contributed by Lukas

What are Europe’s economic challenges and opportunities? Join host Louise Bennetts and Karen Ward, Chief Market Strategist EMEA at J.P. Morgan Asset...

Data Assets & Alpha Group: Diving into Social Sentiment, with BUZZ Index Founder Jamie Wise

10 Oct 2023

Contributed by Lukas

In this episode we hear from Jamie Wise, Founder, President and CEO of Hedge Fund Periscope Capital and BUZZ Holdings.  He discusses the merit of tra...

What’s Scott Galloway’s Secret to Good Leadership?

09 Oct 2023

Contributed by Lukas

What does a former investment banker — and successful entrepreneur — have to say about leadership? During J.P. Morgan’s recent Tech Stars Leader...

September Jobs Report Exceeds Expectations

06 Oct 2023

Contributed by Lukas

Michael Feroli, Chief US Economist, and Samantha Azzarello, Head of Content Curation and Strategy, discuss the September payrolls report. This episode...

Data Assets & Alpha Group: A Discretionary Investing Lens, with Carmignac’s UK CEO

03 Oct 2023

Contributed by Lukas

In this episode, we hear from Maxime Carmignac, CEO and Director of Carmignac UK.  Maxime discusses the benefits of the fundamental discretionary inv...

Debt Capital Markets Have Turned a New Leaf This Fall

28 Sep 2023

Contributed by Lukas

Join Kathleen Darling as she hosts Brian Tramontozzi, Head of North American Leveraged Finance Capital Markets, to discuss the ever-so-active leverage...

Data Assets & Alpha Group Podcast: UK – Overlooked but Ripe with Opportunities

26 Sep 2023

Contributed by Lukas

In this episode, Krupa Patel dives into the UK economy and markets. She discusses the current UK inflation, growth and policy backdrop, how it differs...

Hollywood Strikes and the Broader Media Industry

22 Sep 2023

Contributed by Lukas

From the Hollywood strikes to carriage disputes and cord-cutting, media companies are grappling with several challenges. Join Philip Cusick (U.S. Comm...

What Is Behind the Rise in Shareholder Activism?

21 Sep 2023

Contributed by Lukas

As shareholder activism gains momentum worldwide, this podcast sheds light on key trends covering universal proxy rules, the capital allocation debate...

Data Assets & Alpha Group: AI in the Investment Process

19 Sep 2023

Contributed by Lukas

In this episode, we hear from Peng Cheng, Head of Big Data and AI Strategies in the Global Research department of J.P. Morgan.  Peng runs through two...

Data Assets & Alpha Group: Assessing the Equities Positioning Headroom

13 Sep 2023

Contributed by Lukas

In this episode, the group delves into investor positioning, discussing the extent to which equities have positioning headroom for a further rally fro...

What Is the Outlook for European Leveraged Finance Markets?

12 Sep 2023

Contributed by Lukas

As J.P. Morgan’s European High Yield and Leveraged Finance conference concludes, Daniel Rudnicki Schlumberger, Head of Leveraged Finance EMEA, discu...

Why is China’s Electric Vehicle Industry on the Rise?

08 Sep 2023

Contributed by Lukas

China’s EV industry is experiencing exponential growth. Why is this so, and how is EV battery technology key to this revolution? Find out more from ...

FICC Market Structure: What’s Fueling Emissions Trading?

05 Sep 2023

Contributed by Lukas

With carbon markets growing exponentially, this episode delves into how emissions trading works, opportunities across regions, and policy initiatives ...

Supply Offsets Demand in the August Jobs Report

01 Sep 2023

Contributed by Lukas

Michael Feroli, Chief US Economist, and Samantha Azzarello, Head of Content Curation and Strategy, discuss the August payrolls report. This episode wa...

Will Debt Markets Find Their Way in 2024?

31 Aug 2023

Contributed by Lukas

In this episode, Ben Thompson, Head of EMEA Leveraged Finance Capital Markets, hosts Martin Horne, Global Head of Public Assets at Barings. Ahead of J...

Data Assets & Alpha Group: An Emerging European Retail Investor

29 Aug 2023

Contributed by Lukas

In this episode, the group delves into European market structure, discussing firstly the context of still lackluster European turnover and liquidity, ...

What Are the Trends Driving the Automotive Industry?

25 Aug 2023

Contributed by Lukas

From vehicle electrification to autonomous driving, what does the road ahead look like for the automotive industry? Jose Asumendi, Head of European Au...

Depositary Receipts Educational Series for APAC & LATAM

23 Aug 2023

Contributed by Lukas

In this episode, King Ho, Co-head for Product for Depositary Receipts, Asia Pacific and MENA markets at J.P. Morgan, is joined by Braedon Lehman, Seni...

Top Long-Term Risks for Investors

17 Aug 2023

Contributed by Lukas

What are the top long-term risks for global markets, and how can investors prepare? Join Joyce Chang, Chair of Global Research, and Jan Loeys, who cov...

Data Assets & Alpha Group: US Macro & Positioning Views

15 Aug 2023

Contributed by Lukas

In this episode, Andrew Tyler, Head of US Market Intelligence, and John Schlegel, Head of Global Positioning Intelligence, discuss how views on US mar...

El Niño and the Impact on Agriculture

11 Aug 2023

Contributed by Lukas

What is El Niño, and how will it impact weather patterns and crop yields across the globe? Are there implications for the wider commodity complex? Ge...

Data Assets & Alpha Group: US Exceptionalism vs Intl Equities

08 Aug 2023

Contributed by Lukas

In this episode, the team discuss the investment case for US vs. international equities post strong outperformance of US markets YTD.  They run throu...

July Jobs Report

04 Aug 2023

Contributed by Lukas

Michael Feroli, Chief US Economist, and Samantha Azzarello, Head of Content Curation and Strategy, discuss the July payrolls report. This episode was ...

Tech Financing: A Goldilocks Scenario?

27 Jul 2023

Contributed by Lukas

Join Kathleen Darling as she hosts David de Boltz, Managing Director of Leveraged Finance Capital Markets, to discuss the tech sector's current financ...

The State of the US Housing Market

21 Jul 2023

Contributed by Lukas

Are house prices going to fall in the U.S.? Could another crash lie ahead? Or will tight supply keep the housing market in a healthier place? Find out...

Data Assets & Alpha Group: Can US Equities Push Even Higher?

14 Jul 2023

Contributed by Lukas

In this episode, the team dives into US equities - post the strong YTD rally - and discuss whether equities can push even higher through Q3.  They ru...

The Power of Data in Private Markets

13 Jul 2023

Contributed by Lukas

Host Rebecca Thornton chats with Tony Lewis, CEO of Aumni, and Mike Elanjian, Head of Digital Private Markets at J.P. Morgan, about how data has the p...

Data Assets and Alpha Group: H1 2023 in Review (And Market Views From Here)

11 Jul 2023

Contributed by Lukas

In this episode, the Data Assets & Alpha Group look back on H1 2023 with a focus on x-asset, regional and thematic performance. They discuss the e...

June Jobs Report

07 Jul 2023

Contributed by Lukas

Michael Feroli, Chief US Economist, and Samantha Azzarello, Head of Content Curation and Strategy, discuss the June payrolls report. This episode was ...

M&A and LBOs: Financing Trends Across the Leveraged Capital Markets

06 Jul 2023

Contributed by Lukas

Host Kathleen Darling and Todd Rothman, Managing Director of North American High Yield and Leveraged Loan Capital Markets, discuss activity across lev...

View From the Board: Strategies for Effective Governance

29 Jun 2023

Contributed by Lukas

Join host Rebecca Thornton in an engaging conversation with Lisa Wardell, former CEO and Executive Chair of Adtalem Global Education. Having experienc...

Mid-Year Outlook 2023

23 Jun 2023

Contributed by Lukas

What lies ahead for markets in the second half of the year? In this episode of “Research Recap,” J.P. Morgan Research analysts take stock of what ...

Data Assets & Alpha Group: Time Traveler: A Look Back in Time, with Fredrik Giertz (Part 2)

22 Jun 2023

Contributed by Lukas

DATA DEEP-DIVE: The second of our two-part series with Fredrik Giertz from the JP Morgan Investible Indices team:  In this episode, Fredrik hones int...

Data Assets & Alpha Group: Time Traveler: A Look Back in Time with Fredrik Giertz (Part 1)

20 Jun 2023

Contributed by Lukas

The first of our two-part series with Fredrik Giertz from the JP Morgan Investible Indices team:  In this episode, Fredrik delves into the long-run, ...

What’s the Outlook for Summer Travel?

16 Jun 2023

Contributed by Lukas

Are consumers still willing and able to travel? How are airlines faring? And will flight prices drop this summer? Get answers to these questions and m...

FICC Market Structure: Muni Market Momentum

15 Jun 2023

Contributed by Lukas

The municipal bond market has been gaining the attention of investors, not only in the U.S. but across the globe. Kate Finlayson, Global Head of FICC ...

Data Assets & Alpha Group: Chinese Equities - The Case For A Tactical Rebound

13 Jun 2023

Contributed by Lukas

In this episode the team dives into Chinese equities, discussing the potential for a tactical rebound given depressed performance and valuations in th...

State of the Global Economy: A Conversation with Michael Cembalest

08 Jun 2023

Contributed by Lukas

Join host David Rawlings in a conversation with Michael Cembalest, Chairman of Market and Investment Strategy of J.P. Morgan Asset and Wealth Manageme...

May Jobs Report

02 Jun 2023

Contributed by Lukas

Michael Feroli, Chief US Economist, and Samantha Azzarello, Head of Content Curation and Strategy, discuss the May payrolls report. This episode was r...

The Highs and Lows of the High Yield Market

01 Jun 2023

Contributed by Lukas

In this episode, Kathleen Darling picks back up with Brian Tramontozzi as they dig into the high yield market, exploring the latest trends and opportu...

Opportunities for Borrowers Navigating Uncertain Markets

31 May 2023

Contributed by Lukas

Join Kathleen Darling from J.P. Morgan's Debt Capital Markets team as she sits down with Brian Tramontozzi, Head of North American Leveraged Finance C...

Data Assets & Alpha Group: Diving Into US Equities (Positioning, Catalysts and the Path From Here)

30 May 2023

Contributed by Lukas

In this episode, the team dives into US equities, focusing on the growth / inflation / policy backdrop and what this could mean for market direction i...

What’s the Impact of China’s Reopening?

26 May 2023

Contributed by Lukas

Join our Greater China economists Haibin Zhu and Grace Ng for a discussion on China’s reopening and the latest economic developments. Explore key ma...

From IPOs to AI: Deep Dive on Tech Investment Banking

25 May 2023

Contributed by Lukas

Join host Evan Junek as he catches up with Chris Grose, Co-Head of Technology Investment Banking for North America, to uncover the key themes and insi...

Data Assets & Alpha Group: A Conversation with Anna Stupnytska, Global Macroeconomist at Fidelity International

24 May 2023

Contributed by Lukas

In this episode, Anna Stupnytska, Global Macroeconomist at Fidelity International, is in conversation with Eloise Goulder, Head of the Data Assets &am...

FICC Market Structure: What’s All the Buzz Around T+1?

23 May 2023

Contributed by Lukas

It's official – the U.S. and Canada have decided to shorten the standard settlement cycle from two days after trade date (T+2) to T+1, scheduled to ...

Data Assets & Alpha Group: Is the China Recovery Theme Fading?

16 May 2023

Contributed by Lukas

Recent activity data in China suggests a loss in momentum vs the re-opening recovery seen earlier this year.  As such, in this episode the team discu...

The Rise of Generative AI

11 May 2023

Contributed by Lukas

In this episode of Research Recap, Mark Murphy, Head of U.S. Enterprise Software Research, and Gokul Hariharan, Co-Head of Asia Pacific Technology, Me...

April Jobs Report

05 May 2023

Contributed by Lukas

Michael Feroli, Chief US Economist, and Samantha Azzarello, Head of Content Curation and Strategy, discuss the April payrolls report. This episode was...

Driving Forward: Adapting to the Rapidly Evolving Auto Industry

04 May 2023

Contributed by Lukas

Evan Junek, host of What’s The Deal?, interviews Mark Pinsky, Global Head of Auto and Equipment Investment Banking, to discuss the latest developmen...

Data Assets & Alpha Group: A Focus on Quant Strategies with Hedge Fund Allocator Pierre Chabran

02 May 2023

Contributed by Lukas

In this episode, Pierre Chabran, from J.P. Morgan's Asset Management’s Hedge Fund Solutions Group, runs through the evolution in landscape of quanti...

The Future of Big Tech

27 Apr 2023

Contributed by Lukas

In the inaugural episode of “Research Recap,” learn more about the headwinds Big Tech firms are experiencing, the opportunities they can lean into...

Introducing Research Recap

24 Apr 2023

Contributed by Lukas

We’re excited to introduce Research Recap, our newest podcast series on Making Sense. Every two weeks, we’ll bring you the latest news and views...

Data Assets and Alpha Group: A New Dawn For Japanese Equities?

19 Apr 2023

Contributed by Lukas

In this episode, the DA&A Group discuss the investment case for Japanese equities post recent positive comments from Warren Buffett, based on the ...

Data Assets & Alpha Group: A Conversation with Man Group’s Chief Risk Officer Darrel Yawitch

06 Apr 2023

Contributed by Lukas

In this episode, Man Group’s Chief Risk Officer, Darrel Yawitch, is in conversation with Eloise Goulder, Head of the Data Assets & Alpha Group. ...

Leaving LIBOR Part VI: The End Is In Sight

04 Apr 2023

Contributed by Lukas

In this episode, we discuss the continued development of derivative and cash Secured Overnight Financing Rate (SOFR) markets, the progress of contract...

The Power of Clean Technology: A Conversation with Marc Borrett

30 Mar 2023

Contributed by Lukas

Join David Rawlings, host of What’s The Deal?, as he chats with innovation entrepreneur, Marc Borrett, Co-Founder and CEO of Reactive Technologies. ...