Latest news with #MichaelCembalest
Bloomberg
29-05-2025
- Business
- Bloomberg
Odd Lots: Michael Cembalest on why AI Is the Stock Market Bet of the Century
Michael Cembalest has been an investment analyst for almost 40 years and his research notes have drawn a cult following on Wall Street. He's known for going super deep into a wide range of topics, like energy and healthcare. And Lately he's been writing a lot about AI, with a particular interest in figuring out whether all the investment in data centers and compute will translate into actual profits. On this episode, we talk to the chair of market and investment strategy for JPMorgan Asset Management about why AI is the market "bet of the century," why the dominance of US big tech can't be overstated, and why he's pessimistic about the outlook for small modular nuclear reactors.
Bloomberg
29-05-2025
- Business
- Bloomberg
Michael Cembalest on Why AI Is the Stock Market Bet of the Century
Michael Cembalest has been an investment analyst for almost 40 years and his research notes have drawn a cult following on Wall Street. He's known for going super deep into a wide range of topics, like energy and healthcare. And lately he's been writing a lot about AI, with a particular interest in figuring out whether all the investment in data centers and compute will translate into actual profits. On this episode, we talk to the chair of market and investment strategy for JPMorgan Asset Management about why AI is the market "bet of the century," why the dominance of US big tech can't be overstated, and why he's pessimistic about the outlook for small modular nuclear reactors. Odd Lots Live is returning to New York City on June 26.
Japan Times
14-04-2025
- Business
- Japan Times
JPMorgan analyst says he now tempers public comments on U.S. tariffs
A senior JPMorgan Asset Management investment strategist said he has held back on some of his public comments on U.S. tariffs due to concerns about the impact his full opinions would have on his colleagues and on the Wall Street bank. In a webinar titled "The 2025 Tariff Shock," Michael Cembalest, chair of market and investment strategy and a Wall Street veteran, said he had not been able to fully express his views on the potential impacts of the tariffs on markets and economies. In the April 7 webinar, he said the tariffs were a "kind of sledgehammer, brute force approach."
Bloomberg
20-02-2025
- Business
- Bloomberg
Crypto, Inflation, Bonds: Your Investment Guide to a Risky Year
Businessweek Wealth We asked experts eight questions on personal finance for 2025. This year has already been … a lot. The whole AI narrative that was powering the US stock market is being called into question. There's little certainty about how a second Donald Trump administration will affect the finances of average Americans, and whether we'll see inflation rise again, pressuring stocks, bonds—and all of our pocketbooks. To help navigate these murky times, we quizzed investment experts on big questions investors face in a year that, while brimming with risk, could also bring rewards—with the right strategies. The S&P 500 has gained more than 20% for two years running—something that's happened only 10 times since 1871, says Michael Cembalest, chairman of market and investment strategy for J.P. Morgan Asset Management. Although Cembalest expects the stock market to end the year higher, he also says it could drop by as much as 15% along the way—which, he notes, is less unusual. The index has tumbled 10% or more in 60 of the past 100 years.
