Outlook 2024 Key Takeaways | J.P. Morgan - Savings Mastery: Your Guide to Building a Strong Savings Account (2024)

GENERAL RISKS & CONSIDERATIONS. Any views, strategies or products discussed in this material may not be appropriate for all individuals and are subject to risks.Investors may get back less than they invested, and past performance is not a reliable indicator of future results. Asset allocation/diversification does not guarantee a profit or protect against loss. Nothing in this material should be relied upon in isolation for the purpose of making an investment decision. You are urged to consider carefully whether the services, products, asset classes (e.g. equities, fixed income, alternative investments, commodities, etc.) or strategies discussed are suitable to your needs. You must also consider the objectives, risks, charges, and expenses associated with an investment service, product or strategy prior to making an investment decision. For this and more complete information, including discussion of your goals/situation, contact your J.P.Morgan representative.

NON-RELIANCE. Certain information contained in this material is believed to be reliable; however, JPM does not represent or warrant its accuracy, reliability or completeness, or accept any liability for any loss or damage (whether direct or indirect) arising out of the use of all or any part of this material. No representation or warranty should be made with regard to any computations, graphs, tables, diagrams or commentary in this material, which are provided for illustration/reference purposes only. The views, opinions, estimates and strategies expressed in this material constitute our judgment based on current market conditions and are subject to change without notice. JPM assumes no duty to update any information in this material in the event that such information changes. Views, opinions, estimates and strategies expressed herein may differ from those expressed by other areas of JPM, views expressed for other purposes or in other contexts, and this material should not be regarded as a research report. Any projected results and risks are based solely on hypothetical examples cited, and actual results and risks will vary depending on specific circ*mstances. Forward-looking statements should not be considered as guarantees or predictions of future events.

Nothing in this document shall be construed as giving rise to any duty of care owed to, or advisory relationship with, you or any third party. Nothing in this document shall be regarded as an offer, solicitation, recommendation or advice (whether financial, accounting, legal, tax or other) given by J.P.Morgan and/or its officers or employees, irrespective of whether or not such communication was given at your request. J.P.Morgan and its affiliates and employees do not provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any financial transactions.

Legal Entity and Regulatory Information.

J.P.Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P.Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.

Bank deposit accounts and related services, such as checking, savings and bank lending, are offered by JPMorgan Chase Bank, N.A. Member FDIC.

This document may provide information about the brokerage and investment advisory services provided by J.P.Morgan Securities LLC (“JPMS”). The agreements entered into with JPMS, and corresponding disclosures provided with respect to the different products and services provided by JPMS (including our Form ADV disclosure brochure, if and when applicable), contain important information about the capacity in which we will be acting. You should read them all carefully. We encourage clients to speak to their JPMS representative regarding the nature of the products and services and to ask any questions they may have about the difference between brokerage and investment advisory services, including the obligation to disclose conflicts of interests and to act in the best interests of our clients.

J.P.Morgan may hold a position for itself or our other clients which may not be consistent with the information, opinions, estimates, investment strategies or views expressed in this document. JPMorgan Chase & Co. or its affiliates may hold a position or act as market maker in the financial instruments of any issuer discussed herein or act as an underwriter, placement agent, advisor or lender to such issuer.

Outlook 2024 Key Takeaways | J.P. Morgan - Savings Mastery: Your Guide to Building a Strong Savings Account (2024)

FAQs

Outlook 2024 Key Takeaways | J.P. Morgan - Savings Mastery: Your Guide to Building a Strong Savings Account? ›

Looking into 2024, our strategists now expect that while the U.S. economy is likely to slow, it should avoid recession. The lower likelihood of a painful economic downturn should bode well for your investment portfolio and financial decision making going into the new year.

What will JPMorgan predict for 2024? ›

JPMorgan equity strategists caution that the upside for global stock markets is now largely capped. “We stick to our view that upside from here appears limited and that equities will fall 20-30% from a 2024 peak,” strategists wrote in a note.

What is the guidance for JPMorgan in 2024? ›

But in guidance for 2024, the bank said it expected net interest income of around $90 billion, which is essentially unchanged from its previous forecast. That appeared to disappoint investors, some of whom expected JPMorgan to raise its guidance by $2 billion to $3 billion for the year.

What is the Morgan Stanley outlook for 2024? ›

Yields on a broad cross-section of U.S. corporate and government bonds reached 6%, the highest since 2009. U.S. Treasury and German Bund yields are the highest they have been in a decade, and Morgan Stanley forecasts 10-year yields on U.S. Treasurys at 3.95%, and DBR at 1.8% by the end of 2024.

What is the outlook for JPMorgan oil in 2024? ›

The company forecast in the report that the commodity will average $79 per barrel in the first quarter of 2024, $84 per barrel across the second and third quarters, $85 per barrel in the fourth quarter of this year, $82 per barrel in the first quarter of 2025, $77 per barrel in the second quarter, $73 per barrel in the ...

What is the target for the S&P 500 in 2024? ›

The estimates from strategists put the median target for the S&P 500 at 5,200 by the end of 2024, implying a decline of less than 1% from Friday's level, according to MarketWatch calculations. Heading into 2024, the median target was around 5,000 (see table below).

Is JPMorgan at risk of recession? ›

Our Recession expectation declines to 10% from 30%; we leave the likelihood of Crisis unchanged at 5%. The biggest risk is persistent inflation prompting further central bank rate hikes.

What GPA does JP Morgan look for? ›

Q: What are your GPA requirements? A: We value diverse degree backgrounds and experiences and while a GPA 3.2 (or equivalent) in your undergraduate degree is preferred it is not required. Our training programs are designed to allow everyone, regardless of major studied to succeed.

What is JP Morgan acceptance rate? ›

How to Prepare for a JP Morgan Interview. Like with any prestigious position, competition for offers is high and acceptance rates are low – routinely under 5%. Preparation is key for a successful interview.

What is the acceptance rate for JP Morgan investment banking? ›

JP Morgan is renowned for its rigorous recruitment process, resulting in extremely low acceptance rates. According to industry data, the acceptance rate for entry-level positions at JP Morgan stands at approximately 3%. Out of every 100 applicants, only three individuals successfully secure a position within the firm.

What are the top stocks for 2024? ›

Best S&P 500 stocks as of April 2024
Company and ticker symbolPerformance in 2024
NVIDIA (NVDA)82.5%
Constellation Energy (CEG)58.1%
Deckers Outdoor (DECK)40.8%
Micron (MU)38.1%
7 more rows

Should you invest in emerging markets in 2024? ›

Vanguard's active fixed income team believes emerging markets (EM) bonds could outperform much of the rest of the fixed income market in 2024 because of the likelihood of declining global interest rates, the current yield premium over U.S. investment-grade bonds, and a longer duration profile than U.S. high yield.

What is the future Outlook for JPM stock? ›

Stock Price Forecast

The 17 analysts with 12-month price forecasts for JPMorgan Chase stock have an average target of 196.41, with a low estimate of 159 and a high estimate of 228. The average target predicts an increase of 1.51% from the current stock price of 193.49.

What is the forecast for JP Morgan in 2030? ›

JPMorgan Chase & Co.'s market capitalization has a chance to more than double and hit $1 trillion by 2030, according to Morgan Stanley analysts, reinforcing its position as the most valuable US bank.

How to prepare for JP Morgan? ›

Prepare questions for our team, so you can learn more about the opportunity and our firm. For virtual or phone interviews, test technology and connection prior to your interview to avoid any last-minute technical difficulties. And make sure you take the interview from a quiet, uninterrupted area.

What is the average tenure at JPMorgan Chase? ›

Employees at J.P. Morgan stay with the company for 4.8 years on average.

Is JP Morgan hard to get a job at? ›

JP Morgan is one of the world's largest and most prestigious banking firms, so the competition for roles is fierce. JP Morgan is also known for its rigorous, intensive, and selective hiring process. It has extremely high standards in terms of talent acquisition and job candidate selection.

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