J.P. Morgan Private Bank

We’re thrilled to announce our newest Global Private Bank Vice Chairs. As one of our most esteemed positions, we recognize these individuals for the positive impact they’ve made on our clients, colleagues and business. Join us in celebrating this milestone for these integral leaders and members of our team.

Welcome to a new edition of #AskTheCIO, where we seek actionable insights from the Private Bank’s Chief Investment Office on top-of-mind topics pertinent to today’s investor. In this installment, Executive Director, Sasha Bereznak discusses the rise of investment “advice” swirling on social media channels and how investors can take care to separate credible content from potential misinformation.

Throughout the month of June, we celebrated our LGBTQ+ community and colleagues through various events and activities aimed at educating what Pride Month means, and highlighted the importance of fostering an inclusive workplace. See more about JPMorganChase’s commitment to the LGBTQ+ community: http://spr.ly/6046igPeY

Last week, we welcomed to J.P. Morgan Private Bank our 2024 Analyst Class—an impressive group of nearly 400 recent graduates from over 30 countries around the world. We look forward to the impact they’ll have on their teams, our clients and the firm.

J.P. Morgan Private Bank is thrilled to have been named in Euromoney’s 2024 Awards for Excellence as the “Best Bank for Wealth Management” in the World and North America categories. We would also like to congratulate our colleagues at the Investment Bank, which has been honored as the “World’s Best Bank for Investment Banking.” These awards recognize the high level of care and commitment we deliver to our clients each day. Learn more about these awards here: http://spr.ly/6040ivJu0. Awards or rankings are not indicative of future success or results. For third-party award selection criteria and other important information, visit: http://spr.ly/6043ivJuN.

Equity markets have exceeded expectations in the first half of 2024, and as outlined in our #MidYearOutlook, we think the rally is likely to continue. With that said, there will undoubtedly be more surprises to come in the next six months. In this article, we propose three scenarios that could transpire in the near future, and what the implications might be for investors. http://spr.ly/6042iWRej Outlooks and past performance are not guarantees of future results. #jpmorganprivatebank

JPMorganChase Chairman and CEO Jamie Dimon recently sat down with William Sinclair, Head of the U.S. Private Bank's Family Office and Financial Institutions Group, for a webcast for clients in which he candidly discussed markets, geopolitics, his personal life and much more. In speaking about the values he learned from his parents and instilled in his children, Jamie shared, “Have a purpose – your purpose in life could be art, music, science, business, but help the world be a better place. Treat people with respect, earn it every day, and make the world a better place.”

As part of J.P. Morgan’s Summer Reading List, acclaimed actor Matt Damon and water expert Gary White of Water.org sit down to discuss, “The Worth of Water,” which shares their mission to end the global water crisis. The book was selected as this year’s Anniversary Spotlight, highlighting the 225th anniversary of our earliest predecessor, a water works company founded in 1799. https://bit.ly/4cEx7m5

By sharing unique aspects of her Indian culture with others, Global Head of Digital, Data & Distribution Solutions, Mira Hole, believes it shapes who she is and helps bridge connections with others. Her daughter also enjoys expressing her heritage through the art of henna and its beautiful designs. “Everybody’s looking for the same things – friendship, to belong, to express yourself, find your way – and you can share parts of a rich heritage that really make you unique and who you are,” said Mira. Join us in honoring the unique traditions and values we each bring to our community. What traditions connect you with your roots?

Now could be a good time to consider adding small- and mid-cap stocks to your portfolio. While mega-cap tech stocks have been the market’s darlings, U.S. small- and mid-cap stocks have shown durable earnings growth and are trading at a near-record valuation discount. In this article, we discuss whether this overlooked market cohort has the potential for long-term capital appreciation, and how investors can respond. http://spr.ly/60459MjCd Investing in equities involves risk. The price of equity securities may rise or fall due to the changes in the broad market or changes in a company's financial condition, sometimes rapidly or unpredictably. Equity securities are subject to "stock market risk" meaning that stock prices in general may decline over short or extended periods of time. Risk in investing in small cap Investments in smaller capitalization companies often involve significantly greater risks than the securities of larger, better-known companies because they may lack the management expertise, financial resources, product diversification and competitive strengths of larger companies. The prices of the securities of smaller companies may be subject to more abrupt or erratic market movements than larger, more established companies, as these securities typically are traded in lower volume and the issuers typically are more subject to changes in earnings and prospects. In addition, when selling large positions in small capitalization securities, the seller may have to sell holdings at discounts from quoted prices or may have to make a series of small sales over a period of time.