Market shifting towards pricing in greater risks; concerns over tariffs and upcoming earnings season
From Yahoo Finance: 2025-05-19 12:47:00
JPMorgan is holding its investor day today, sparking speculation about Jamie Dimon’s successor. Citigroup’s CEO Jane Fraser stands out with a blog post on the evolving phase of globalization. Fraser notes a market shift towards pricing in greater risks, with signals pointing to a reevaluation of long-held certainties in the market.
Moody’s downgraded the US, causing stocks to sell off as the 10-year Treasury yield rose. Concerns are mounting for the upcoming third-quarter earnings season, especially with the impact of tariffs yet to fully materialize. Market uncertainties persist as companies delay decisions due to economic friction caused by tariffs.
Fraser warns of the consequences of tariffs on corporate profits, highlighting the potential for disruptions in growth and supply chains. Despite some positive developments like lower tariffs, uncertainty lingers as companies navigate the challenges of demand shocks and supplier instability.
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