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  The Wall Street Journal

  Jamie Dimon on Fitch's Downgrade of U.S.: It Doesn’t Matter

  Jamie Dimon, the chief executive of JPMorgan Chase, said Fitch’s [downgrade of the U.S. credit rating](https://www.wsj.com/articles/fitch-downgrades-u-s-credit-rating-56c73b89?mod=hp_lead_pos1) shouldn’t be too concerning about how investors view the country’s ability to pay its debt. In an interview on CNBC Wednesday, from his annual bus tour of local branches, Dimon said the U.S. is home to the “best economy the world’s ever seen” and that the ratings agency's decision won’t change that. Dimon said he shares concerns with Fitch about the politics in Washington D.C. that add uncertainty to the debt, declaring he believes the debt ceiling should be abolished.

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  Investopedia

  Fitch Catches Flak For Oddly-Timed U.S. Credit Downgrade

  The Fitch agency’s downgrade of the U.S. government’s credit rating is being met with pushback from officials and well known economists, while others said it highlighted the need for the government to reduce spending deficits.

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  TipRanks

  ‘Too Cheap to Ignore’: J.P. Morgan Says These 2 Stocks Under $10 Could Double Your Money

  Are markets headed for new record highs? That may seem counter-intuitive, but according to J.P. Morgan’s head of US market intelligence, Andrew Tyler, the tea leaves are indicating just such new heights for the S&P 500. Tyler notes that, even in today’s uncertain conditions, the S&P index is within 5% of its all-time high – and with inflation slowing down, the Fed is likely to pare back on further rate hikes, a move that will support growth and a shift toward stocks. Recent earnings reports are

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  TipRanks

  ‘Opportunities Outweigh Risks’: Oppenheimer Sees at Least 60% Gains in These 2 Stocks

  It’s been clear for a while now that the stock market is on an upward trajectory, buoyed by a resilient economy and retreating high inflation. The good news, according to John Stoltzfus, Chief Investment Strategist at Oppenheimer, is that the chances of the bull market continuing are more likely than the bears grabbing hold of the narrative once again. “Our appraisal of the market landscape at this time suggests that opportunity outweighs risk as current monetary policy generates a transition fr