Stocks aren't attractive at the moment: JPMorgan

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Goldman Sachs: Record risk appetite might create 'speed limit' for returns

May 21, 2024 9:53 AM EDT

Goldman Sachs analysts warn that surging investor confidence, reflected in their record "Risk Appetite Indicator" (RAI), could limit future returns for the stock market.

The RAI, which recently hit its highest level since 2021, suggests widespread optimism about economic growth and expectations of further policy support. However, Goldman Sachs points out that this momentum has stalled recently, with their "Risk Appetite Momentum" indicator showing a flat trend.

They explain that while credit markets remain... More

RBC Capital Reiterates Outperform Rating on JPMorgan (JPM)

May 21, 2024 6:12 AM EDT

RBC Capital analyst Gerard Cassidy reiterated an Outperform rating and $211.00 price target on JPMorgan (NYSE: JPM)

The analyst comments "JPM held its annual investor day (presentations here) today and outlined its businesses' strategies with a focus on executing on its detailed strategic... More