U.S. PPI accelerated unexpectedly in November, frustrating hopes for quick pivot

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Charles Schwab (SCHW) Underperforms, Down 3%, Interactive Brokers (IBKR) Also Lower

December 13, 2022 9:51 AM EST

(Updated - December 13, 2022 9:56 AM EST)

Charles Schwab (NYSE: SCHW) Underperforms, Down 3%

Interactive Brokers (NASDAQ: IBKR) Also Lower, -4%
LPL Financial (NASDAQ: LPLA) -5%
... More

JPMorgan Kolanovic Downgrades Equity Allocation in Model Portfolio to Moderate-Underweight from Overweight

December 12, 2022 3:50 PM EST

JPMorgan Kolanovic Downgrades Equity Allocation in Model Portfolio to Moderate-Underweight from Overweight.

The analyst comments "This year our model portfolio has outperformed its benchmark by ~350bps, thanks to our UW of bonds and OW of commodities. Given the weak near-term outlook for markets, we reduce risk going into... More