6 Times Economic First Impressions Were Wrong

Are markets overreacting to the Fed's recent policy pivot?

To view this email as a web page. click here     6 Times Economic First Impressions Were Wrong           Jim Glassman Head Economist     The Federal Open Market Committee announced last week that there wouldn't be any more rate hikes in 2019. This news initially sparked fears that the expansion could be fading, but there's more to the story. Learn why the decision to stop raising rates might not be a bad sign—and how macroeconomic developments have a long history of sparking mistaken first impressions.   READ THE FULL STORY     View the Weekly Market Update      Unsubscribe | Privacy Policy | Website This is a promotional message sent by JPMorgan Chase, 10 S. Dearborn, Mail Code: IL1-0723, Commercial Banking Marketing, Chicago, IL 60603-3403, United States. IMPORTANT REMINDER: It is not JPMorgan Chase's practice to send e-mails that require you to send account information or passwords to us via public e-mail or pop-up windows. The material contained herein is intended as a general market commentary, in no way constitutes J.P. Morgan research and should not be treated as such. Further, the information and any views contained herein may differ from that contained in J.P. Morgan research reports. ABOUT THIS MESSAGE: J.P. Morgan, Chase and JPMorgan Chase are marketing names for certain businesses of JPMorgan Chase & Co. and its subsidiaries worldwide. Products and services may be provided by commercial bank affiliates, securities affiliates or other JPMC affiliates or entities. © 2019 JPMorgan Chase & Co. All rights reserved.