JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
Powell did not mince his words, and he reiterated that the Fed will continue to tighten its monetary policies and interest rate hikes to calm the inflation in the US economy. =
Running to safe stocks during economic turbulence is a hedge against severe market losses. Resilient stocks like P&G, JPMorgan Chase, and Caterpillar will give you profits in any economic weather.