The December sell-off in stocks and the recovery that followed demonstrated one of four major postrecession shifts that will shape financial markets for years to come, according to a new research paper from JPMorgan.
"All of our paradigm shifts became apparent during the December correction and the sharp V-shaped rally back in January," Joyce Chang, the firm's chair of global research, told Business Insider in an exclusive interview.
Visit Business Insider's homepage for more storiesWith the sto
✗ Close categories
Addiction
Apple
Arts
Asia News
British Airways
Business
Cars
Celebrity
Christianity
Cinema, Theater & TV
Conspiracy Theories
Coronavirus
Ebola
Economy
Education
Electronics
Entertainment
Environment
Fashion
Finance
Food
Funny videos
Gadgets
Games
General News
Health
International Crime
Jobs
Lifestyle
Military
Mindfulness
Movies
Music
News videos
NewsPhoto
Nightlife
Obituaries
Olympics
Organized Crime
Politics
Psychology
Recipes
Royal Family
Sci-Tech
Science
Social media
Sport
Technology
Television
Thames Deckway
Traffic
Travel
Trending UK
UK News
UnitedHealth Group Inc.
Weather
World News
✗ Close categories
✗ Close categories
✗ Close categories
Arsenal
Aston Villa
Athletics
Badminton
Baseball
Basketball
Blackburn Rovers
Blackpool
Boxing
Burnley
Cardiff City
Champions League
Chelsea
Cricket
Crystal Palace
Cycling
Darts
Everton
Formula 1
Formula 1 - Force India Videos
Formula 1 - Infiniti Red Bull Racing Videos
Formula 1 - Live Stream & News
Formula 1 - McLaren Videos
Formula 1 - Mercedes AMG Petronas Videos
Formula 1 - Sauber F1 Team Videos
Formula 1 - Scuderia Ferrari Videos
Formula 1 - Scuderia Toro Rosso Videos
Formula 1 - Team Lotus Videos
Formula 1 - Williams Martini videos
Fulham
Golf
Hockey
Horse Racing
Hull City
Ice Hockey
Leicester City
Liverpool
Manchester City
Manchester United
Middlesbrough
Motorsport
Norwich City
Philadelphia Phillies
Premier League
Queens Park Rangers
Rally
Reading
Rowing
Rugby
scarlets rugby
Soccer
Southampton
Stoke City
Sunderland
Swansea City
Swimming
Tennis
Tottenham
Tour de France
Volleyball
WC soccer 2014
Welsh Rugby Union
West Ham
Wigan Athletic
Wolverhampton Wanderers
✗ Close categories
✗ Close categories
✗ Close categories
...test
Aberdeen City
Aberdeenshire
Antrim
Aylesbury Vale
Barking and Dagenham
Barnet
Barnsley
Basildon
Bath and North East Somerset
Belfast
Bexley
Birmingham
Blackburn with Darwen
Bolton
Bournemouth
Bradford
Brent
Brighton and Hove
Bristol
Bromley
Bury
Calderdale
Cambridge
Camden
Cardiff
Central Bedfordshire
Cheshire East
Cheshire West and Chester
Cornwall
County Durham
Coventry
Croydon
Derby
Doncaster
Dudley
Ealing
East Riding of Yorkshire
Edinburgh
Enfield
Essex
Gateshead
Glasgow
Greater London
Greenwich
Hackney
Hammersmith and Fulham
Haringey
Harrow
Havering
Herefordshire
Hillingdon
Hounslow
Hull
Islington
Kirklees
Lambeth
Leeds
Leicester
Lewisham
Liverpool
London
Luton
Manchester
Medway
Merton
Milton Keynes
New Forest
Newcastle
Newcastle upon Tyne
Newham
North Somerset
North Tyneside
North West
Northampton
Northern Ireland
Northumberland
Nottingham
Oldham
Oxford
Peterborough
Plymouth
Portsmouth
Redbridge
Richmond upon Thames
Rochdale
Rotherham
Salford
Sandwell
Scotland
Sefton
Sheffield
Shropshire
Solihull
South East
South Gloucestershire
South West
Southampton
Southend-on-Sea
Southwark
St Helens
Stockport
Stockton-on-Tees
Stoke-on-Trent
Sunderland
Sutton
Swindon
Tameside
Tower Hamlets
Trafford
Wakefield
Wales
Walsall
Waltham Forest
Wandsworth
Warrington
West Midlands
Westminster
Wigan
Wiltshire
Wirral
Wolverhampton
York
✗ Close categories
✗ Close categories
✗ Close categories
Harry Styles
Aaron Taylor-Johnson
Adele
Ashley Cole
Benedict Cumberbatch
Billie Piper
Boris Johnson
Charlie Hunnam
Cliff Richard
David Beckham
DJ 3lau
DJ Above & Beyond
DJ Afrojack
DJ Alesso
DJ Aly & Fila
DJ Andrew Rayel
DJ Angerfist
DJ Armin Van Buuren
DJ Arty
DJ ATB
DJ Audien
DJ Avicii
DJ Axwell
DJ Bingo Players
DJ Bl3ND
DJ Blasterjaxx
DJ Borgeous
DJ Borgore
DJ Boy George
DJ Brennan Heart
DJ Calvin Harris
DJ Carl Cox
DJ Carnage
DJ Code Black
DJ Coone
DJ Cosmic Gate
DJ Da Tweekaz
DJ Dada Life
DJ Daft Punk
DJ Dannic
DJ Dash Berlin
DJ David Guetta
DJ Deadmau5
DJ Deorro
DJ Diego Miranda
DJ Dillon Francis
DJ Dimitri Vegas & Like Mike
DJ Diplo
DJ Don Diablo
DJ DVBBS
DJ Dyro
DJ Eric Prydz
DJ Fedde Le Grand
DJ Felguk
DJ Ferry Corsten
DJ Firebeatz
DJ Frontliner
DJ Gabry Ponte
DJ Gareth Emery
DJ Hardwell
DJ Headhunterz
DJ Heatbeat
DJ Infected Mushroom
DJ John O'Callaghan
DJ Kaskade
DJ Knife Party
DJ Krewella
DJ Kura
DJ Laidback Luke
DJ Madeon
DJ MAKJ
DJ Markus Schulz
DJ Martin Garrix
DJ Merk & Kremont
DJ Mike Candys
DJ Nervo
DJ Nicky Romero
DJ Noisecontrollers
DJ Oliver Heldens
DJ Orjan Nilsen
DJ Paul Van Dyk
DJ Porter Robinson
DJ Quentin Mosimann
DJ Quintino
DJ R3hab
DJ Radical Redemption
DJ Richie Hawtin
DJ Sander Van Doorn
DJ Sebastian Ingrosso
DJ Showtek
DJ Skrillex
DJ Snake
DJ Steve Angello
DJ Steve Aoki
DJ Tenishia
DJ The Chainsmokers
DJ Tiddey
DJ Tiesto
DJ TJR
DJ Umek
DJ Ummet Ozcan
DJ Vicetone
DJ VINAI
DJ W&W
DJ Wildstylez
DJ Wolfpack
DJ Yves V
DJ Zatox
DJ Zedd
DJ Zomboy
Emilia Clarke
Emily Blunt
Gabriella Wilde
Gary Lineker
Gemma Arterton
Gwendoline Christie
Hayley Atwell
Helena Bonham Carter
Imogen Poots
Jason Statham
John Terry
Juno Temple
Kate Beckinsale
Kate Winslet
Keira Knightley
Liam Payne
Lily Collins
Louis Tomlinson
Niall Horan
Nicholas Hoult
Paul McCartney
Prince William
Ralph Fiennes
Richard Branson
Robbie Williams
Robert Pattinson
Rosamund Pike
Sophie Turner
Theo James
Tom Hardy
Tom Hiddleston
Tony Blair
Tyree Cooper
Wayne Rooney
Zayn Malik
✗ Close categories
✗ Close categories
✗ Close categories
Accountancy
Administration
Advertising
Aerospace
Agriculture
Analyst
Animals
Antiques
Archaeology
Architecture
Arts
Astrology
Astronomy
Auto News
Automotive
Aviation
Bakery
Biotechnology
Brazil
Cabaret
Call Centre
Car News
Care
Catering
Charities
Chemistry
Child care
Cinema, Theater & TV
Cleaning Industry
Coaching
Construction
Customs
Dairy industry
Dance & ballet
Debt collection agencies
Defense
DJ
Economy
Education & Training
Electrical
Entrepreneur
Farming & Agriculture
Financial
Firefighter
Fisheries
Flowers
FMCG
Food
Fruit & Vegetables
Genealogy
General News
Government
Hair stylist
Hotel
HR & Recruitment
ICT
Insurance
IT Executive
Jobs
Justice
Landscaper
Lawyer
Legal
Library
Logistics
Marketing
Meat industry
Medical Industry
Mining
Nurse
Online Trends
Pharmaceutical Industry
Pharmacy
Physical therapy
Police
Political
PR Public relations
Production & Industry
Project Management
Psychology
Public Transport
Publisher
Real estate
Research & Development
Restaurant
Retail
Sales & Marketing
Security
SEO
Shipping
Social work
Sustainable Energy
Teacher
Telecom
Tourism
Traditional Energy
Transport
Travel Industry
Web Design
✗ Close categories
✗ Close categories
-
JPMORGAN: The defining feature of the last stock-market meltdown was a symptom of a bigger shift that could trigger crashes for years to come
-
Here's why investors shouldn't be too worried about MacKenzie Bezos becoming one of Amazon's largest individual shareholders (AMZN)
MacKenzie Bezos likely won't sell off a significant portion of her newly independent stake in Amazon anytime soon, legal experts said.
Following her impending divorce from Amazon CEO Jeff Bezos, MacKenzie will hold 4% of the company's outstanding shares on her own — a stake worth $35.7 billion.
That raises the possibility that MacKenzie Bezos could try to liquidate her assets by selling much or all of her Amazon stake.
However, some practical and potential legal considerations -
Trump just put pressure on the Fed to cut rates. Here's what it'd take for that to happen, according to economists
The Federal Reserve has signaled rates will remain steady this year. It has penciled in one hike in 2020.
Trump is pressuring the central bank to cut interest rates, however.
But economists say financial and credit conditions would have to be different.
President Donald Trump on Friday stepped up an unprecedented amount of pressure on the Federal Reserve, saying it should cut interest rates. But economists say business and consumer conditions would likely need to change substantially in order fo -
Tesla and Trump both thrive on chaos — but Elon Musk's car company needs to chill out if it's going to succeed (TSLA)
President Trump and Tesla CEO Elon Musk have a much higher chaos tolerance than the average human.
But as Tesla grows, chaos isn't helping to improve its chances to prosper.
Trump is never going to change, but Musk has a chance this year to reset Tesla's paradigm.
I've argued that there are no minds on planet Earth more different that Donald Trump's and Elon Musk's. However, Musk is a canny operator and always has been — and it's clear that he's learned a few things from the Tweeter In Chi -
Inside the Chicago hedge-fund turf war; Goldman Sachs explores plans to create a Netflix for data
Dear Readers,
Well, that was quick: A week after Lyft's splashy IPO and shares of the ride-hailing company have already come crashing back to earth. Lyft priced its IPO at $72 a share last Thursday evening and opened the next day at $87.24 a share. After a volatile few days of trading, shares closed at $74.69 as of Friday.
One analyst slapped a sell rating on the company this week and initiated with a $42 price target, nearly half its IPO price.
"In order to justify its current market val -
Harvard researchers say that Lyft investors will likely come to regret giving the cofounders so much control with so little stock (LYFT)
Lyft's power structure, which gives founders Logan Green and Josh Zimmer a concentration of voting power, "can be expected" to decrease Lyft's share value in the future, according researchers at Harvard Law.
The dual-class structure means that Green and Zimmer have near-total control over Lyft while collectively owning less than 5% of the company.
They could also retain significant control while owning as little as 2.65% of the company's equity, the researchers found.
This could hurt Lyft's shar -
Amazon's plan to launch thousands of satellites is accelerating a new space race — and one expert knows how everyday investors can profit from the mania right now
Amazon plans to launch 3,236 satellites into orbit to expand internet access through its Project Kuiper. It's another step in what's becoming a new space race.
UBS analyst Carl Berrisford says the value of the "space economy" will nearly triple to $1 trillion in 20 years, and he sees high speed broadband satellites as the biggest single opportunity in that sector.
Amazon, SpaceX and several other companies are preparing big bets on networks of broadband satellites. Only about half the worl -
From humping turtles to Larry Page's pancakes: 31 of the most bizarre Google+ posts by Google execs that we'll miss the most (GOOG, GOOGL)
Google began deleting user accounts from its Google+ social network this week.
Among the accounts that got deleted were those of Google's own executives.
In addition to providing important records about company history, the lost Google+ accounts were a rich trove of information about the people running Google; sometimes silly and whimsical, other times eerily foreboding.
Business Insider took screenshots of some of the best posts by Google execs to ensure that they wouldn't be lost t -
A political threat that US investors rarely confront is now a force to be reckoned with — and JPMorgan warns it's powerful enough to tank the global economy
US investors are grappling with the nascent rise of populism and policy proposals that could reverse pro-growth programs that are in place.
According to JPMorgan, populism is a paradigm shift that is powerful enough to shape markets for years to come.
We spoke to John Normand, JPMorgan's head of cross-asset fundamental strategy, about the risk scenarios in the US, and how investors can prepare for what happens next.
Visit Business Insider's homepage for more stories.Socialism, in the varie -
Amazon paid $97 million to acquire Eero in a fire-sale deal that left some shareholders with practically nothing, according to leaked documents (AMZN)
Amazon paid $97 million to acquire the WiFi router maker Eero, according to documents obtained by Business Insider.
Eero hired JPMorgan in August 2018 to act as its financial adviser, according to the documents.
The deal was a fire sale that left owners of the startup's common stock with practically nothing, according to the documents.
Eero's three founders are poised to make millions off of the acquisition, according to the documents.Amazon paid $97 million to acquire the WiFi router maker Eero
11 Apr 201910 Apr 201909 Apr 201908 Apr 201907 Apr 201905 Apr 201904 Apr 201903 Apr 201902 Apr 201901 Apr 2019
Follow @sales_mrktinguk on Twitter!

