JPMorgan expands $1.5 trillion economic security splurge into Europe

JPMorgan expands $1.5 trillion economic security splurge into Europe

JPMorgan Chase will extend a $1.5 trillion investment program designed to bolster U.S. economic resilience across Europe, the Wall Street giant said on Tuesday. The 10-year Security and Resiliency Initiative (SRI) was launched in the U.S. last October with the aim of facilitating, financing and investing in industries deemed critical to American economic security and…

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'Bargains come when people panic'

‘Bargains come when people panic’

Howard Marks warned that investors hunting for bargains may be disappointed, saying markets are still far from distressed levels despite bouts of volatility. The co-founder and co-chairman of Oaktree Capital Management, who famously foresaw the dot-com bubble, said the current environment reflects an ongoing “tug of war” between bullish and bearish forces, with optimism largely…

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Greg Abel is shaking up Berkshire Hathaway's portfolio. These stocks could be affected

Greg Abel is shaking up Berkshire Hathaway’s portfolio. These stocks could be affected

Greg Abel is wasting little time putting his stamp on Berkshire Hathaway ‘s investment portfolio, reportedly moving to unwind positions tied to the departed lieutenant Todd Combs. The new chief executive has already sold stocks previously overseen by Combs after the longtime investment manager and Geico chief left for JPMorgan at the end of 2025,…

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