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Goldman Sachs, JPMorgan Predict Euro-Area Recession

[Jul 28 11:30 PM] Global investment banks Goldman Sachs and JPMorgan have predicted an imminent recession in the euro area. “The risks to our forecast are skewed toward a sharper recession in the event of an even more severe disruption of gas flows, a renewed…

Has JPMorgan Become Bitcoin’s Best Friend?

[Jun 6 12:00 PM] A recent note from JPMorgan Chase suggested the bank realizes that bitcoin isn’t going anywhere. But what do the rent seekers really think?There was a lot of fanfare made recently over an investment note from JPMorgan Chase which seemed to elevate…

JPMorgan Sees 28% Upside For Bitcoin: Report

[May 25 3:33 PM] JPMorgan thinks bitcoin is below its ‘fair price’ and now features among the bank’s preferred alternative investments.Banking giant JPMorgan said in a note Wednesday that bitcoin and cryptocurrencies are now among its preferred “alternative”…

Fidelity Launches Multi-Level Learning Center in Metaverse

[Apr 23 2:30 AM] Fidelity Investments, a major financial services firm with $11.3 trillion in assets under administration, has entered the metaverse with the opening of an eight-story learning center and the launch of a metaverse exchange-traded fund (ETF). The…

JPMorgan: Bitcoin’s Record Run Is Being Driven By Inflation

[Oct 21, 2021 5:03 PM] A team of strategists at the big bank said inflation concerns rather than the bitcoin-linked ETF are driving BTC prices higher.Inflation concerns are driving Bitcoin’s record run, JPMorgan strategists said.Gold is failing to perform as an inflation…