Barron’s (April 13)
“Wall Street chief executives’ cautious-to-downbeat remarks about the economy on Friday stood in contrast with their firms’ first-quarter showings and their outlooks for the rest of the year. JPMorgan Chase +4.00%, Wells Fargo -0.95%, and Morgan Stanley +1.44% reported solid earnings results, while BlackRock +2.33% posted another quarter of record assets.” Investors who were “expecting market-sensitive firms to dial down their earnings forecasts” instead found the firms “left their outlooks largely unchanged.” This could, however, just ”mean revisions are in store for later in 2025.”
Tags: Assets, BlackRock, Cautious, Chief executives, Downbeat, Earnings results, Economy, Forecasts, Investors, JPMorgan Chase, Morgan Stanley, Outlooks, Q1, Remarks, Wall Street, Wells Fargo
Reuters (October 8)
“Employees have grown to appreciate the advantages of avoiding commutes while chief executives are increasingly frustrated by the drawbacks from having tasks completed remotely.” The tension continues, but “the CEOs who prefer just to have their staffs back in the same place have an increasingly powerful ally: weaker job markets.”
Tags: Advantages, Ally, CEOs, Chief executives, Commutes, Drawbacks, Employees, Frustrated, Remote, Staffs, Tension, Weaker job markets
Institutional Investor (April 1)
“In March, the Bank of Japan made the seismic decision to raise interest rates for the first time in 17 years. The long-awaited shift to positive rates has excited some of the country’s leading chief executives.”
Tags: 17 years, BOJ, Chief executives, Decision, Excited, Interest rates, Japan, Leading, Long-awaited, March, Positive rates, Raise, Seismic, Shift
