Dimon was handed a rare defeat from shareholders as they rejected a pay proposal, just months after the board unfurled lucrative incentives.
The latest bounce in US stocks is a bear market rally and more declines lie ahead, according to Morgan Stanley strategists.
Retirement today and in the years ahead, only 27% see today’s retirement in the same light as parents, while 55% define it as “a new chapter in life."
Heading into 2022, Morgan Stanley stood out on Wall Street thanks to its prediction stocks would fall in the coming year.
Liquidity, or the ease of trading, in S&P 500 futures is worrisome even by the standards of the Covid-spurred meltdown more than two years ago.