From Yahoo Finance: 2025-04-11 03:40:00

JPMorgan Asset Management investment strategist, Michael Cembalest, expressed concerns about sharing his full opinions on U.S. tariffs due to potential impacts on colleagues and the bank. In a webinar, he called tariffs a “sledgehammer, brute force approach.” CEO Jamie Dimon supports analysts speaking freely. Cembalest published a report with redacted sections discussing tariff impacts.

The Trump administration’s executive orders targeting law firms have created a climate of corporate caution. Orders restrict firms’ access to officials, threaten to cancel federal contracts, and criticize workplace diversity policies. Cembalest’s comments on tariffs follow a redacted report outlining potential consequences of escalating tariff conflicts on the global economy and CEO confidence.

Cembalest’s caution in sharing opinions on tariffs reflects broader concerns about corporate accountability amid government scrutiny. The redacted sections of his report suggest sensitivity to potential repercussions. The ongoing tension between free expression and corporate responsibility highlights the challenges faced by analysts navigating political and economic uncertainties.



Read more at Yahoo Finance: JPMorgan analyst says he now tempers public comments on US tariffs