14:48:48 EDT Tue 01 Jul 2025
Enter Symbol
or Name
USA
CA



JPMorgan CDR (CAD Hedged)
Symbol JPM
Shares Issued 4,400,000
Close 2025-06-06 C$ 34.86
Market Cap C$ 153,384,000
Recent Sedar Documents

Globe says JPMorgan, National see dip buying exuberance

2025-06-09 07:17 ET - In the News

Also In the News (C-NA) National Bank of Canada

The Globe and Mail reports in its Saturday, June 7, edition that traders appear fearless this year, with retail investors aggressively buying dips despite worsening economic indicators. The Globe's Tim Shufelt writes that Newhaven Asset Management manager Rebecca Teltscher says: "It doesn't make sense to me. Economic cycles no longer seem to matter to traditional investors." Faith in President Donald Trump's business-friendly agenda waned as he picked fights with countries and imposed high tariffs that threatened the global economy. Yet, instead of fleeing, retail investors doubled down. In April, a volatile month for the stock market, retail traders set a record by investing a net of $40-billion (U.S.) into U.S. stocks, according to JPMorgan. The average Canadian investor had ample reason to be fearful due to the breakdown of the country's biggest trading relationship, yet they remained unfazed. Canadian exchange-traded funds have seen $24-billion (Canadian) in inflows this year, surpassing the 2021 market boom when the S&P/TSX Composite Index rose by 22 per cent, according to National Bank data. Ms. Teltscher questions the market's bullishness, "Nothing's fixed, and Trump is still in power for three more years."

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