Ken Fisher warns of economic havoc due to Trump's tariffs, but JPMorgan Chase thrives.
From Yahoo Finance: 2025-04-19 11:51:00
Billionaire investor Ken Fisher warns that Trump’s tariffs will fail, causing economic havoc. As major indices plummet, fears of a recession grow. The global stock market has lost trillions since tariffs were imposed. Fisher believes the trade war will fade, leading to a market rally once fear subsides.
Despite market turmoil, value stocks like JPMorgan Chase & Co. shine in Ken Fisher’s portfolio. With a $4.17 billion equity stake, JPM boasts a forward P/E ratio of 12.55 and 123 hedge fund holders. JPM’s financial success, including a 58% EPS increase, showcases its strong investment potential.
JPMorgan Chase & Co. thrives due to diverse financial services and robust investment banking. With a 49% surge in banking fees, JPM rewards investors with a 2.44% dividend yield. While JPM ranks first in Fisher’s portfolio, AI stocks may offer even greater returns in the future, making them worth considering.
Read more at Yahoo Finance: Among Value Stocks in Ken Fisher’s Portfolio