j.p. morgannd deutsche bank, bear stearns. j.p. morgan the biggest bank in world, and friend with number two person there jeff staley, i know he knows a lot more people. i got his number from a billionaire a household name, you would know it. >> real estate billion area. >> i'm not saying. >> i read it in your article. we were at dinner, i did a story about epstein, i was trying to say how do i get in touch with him, he pulls out his found and he gives me the number. his connects are deep, broad, vast, and this does not do it much justice, really. >> that the release doesn't dig deep enough in terms of. >> except for stephen hawkings. >> now, epstein wrote an e-mail to ghislaine maxwell where about hawkings, he said, you can issue a reward to any of virginia's friends, family that come forward and help prove her allegations are false. this strongest is clinton dinner and new version in the virgin island that stephen hawking participated in underage orgy. >> if it was ridiculous enough for epstein

j.p. morganells fargo, bank of america and citigroup this morning before the opening bell. joining the portfolio wealth advisor president and chief investment officer lee munson, great to see you, thank you for being here, give us your expectation for the banks and the fourth-quarter earnings season overall. >> let me break down the banks really quick i think bank of america, all traders care about are the net interest margins, bank of america had problems. j.p. morgan we're going to hear how everything's perfect, the go to tell you one thing they're going to say that they can't really expand that book outside of credit cards and the fed helps them in the macro improves. and citigroup, i think the picture on citigroup that they could make today in credit card debt is still blooming and somehow at citigroup because half of it or 45% of it from the private wealth management unit that the current card debt is somehow safer and less charge-off and cost-cutting in summer than others. and if you can co

. >> i was under uni knew i lot of people, j.p. morgan and bear stearns, j.p. morgan was friends with number two person there. jeff state's, i know that he knows more people there are more rich people who did, with him, i got his number from a bi billionaire, i will not say his name. >> i read it in your article. he gave me the number, this guy is a household name, his connections are deep, broad, vast, this does not do it much justice really. >> so release doesn't dig deep enough in terms of -- ch-- >> chief ch stephen hawkings. >> he said, you can i a reward to any of virginia's friends that come forward and help prove her allegations are false. the strongest is clinton dinner and new version in the virgin islands that stephen hawking participated in an underage orgy. >> if it was ridiculous enough for epstein to be denying it probably done happen. >> in a less woke era it would be a "saturday night live" hit. >> let's keep moving. >> richard, you know judge prescott, i know her a competent federal judge. why where were jane and john does, why were they protec

we have j.p. morgan, bank of america, wells fargo. j.p. morgan is coming in way too hot. i fear that. bank of america stock has had a nice run but i think it can go higher. wells fargo is still nowhere it was five years ago. the ceo always gives us a review of both the financial industry on the world. i find he has a wealth of knowledge and shares it in an informative and provocative way without politics but with the desire to tell the truth. let's just say that is a rare quality. from united health, that stock is getting crushed. i don't think anything short of a her rent this quarter will send it higher. delta, so far this year cheap is attracting a lot of attention, but the bottom line, the new year started with the redistribution of cash out of the magnificent seven onto the sidelines to a few industrials. most importantly, the healthcare stocks. it is propelled about what people expect to hear at the j.p. morgan healthcare conference. i am flying out there to give you the skinny on what this red- hot group can do and what will take it to the next level. let's go to t

we have morgan stanley and j.p. morganoth saying you want to buy the five-year note in particular. we have morgan stanley, this is bad news is good news, saying some of the upcoming data could be disappointing. that could support the idea the fed will cut as expected. right now, five cuts are priced in. you have j.p. morgan saying the level, they say the markets are aggressive on timing. they talk about the fact we have options starting tomorrow and there is the gdp number on friday. if we look at it in context with a number of cuts expected, and these were some of the points we were talking about including the options and treasury debt, if we look at the five-year note relative to the number of cuts expected, not surprisingly in blue is the five-year note peaking at 5% last year. as we went from two cuts priced in up to six, look at that, greater than six down to five, that has the five-year note higher. it will be interesting to see whether matthew and morgan stanley -- at morgan stanley, this will prove to be the dip he

get help reaching your goals with j.p. morgan wealth plan, a digital money coach in the chase mobile® app. use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside - and the other goals along the way. wealth plan can help get you there. ♪ j.p. morgan wealth management. >> from the fox studios in new york city this is "maria bartiromo's wall street". >> welcome to the program that analyzes the week that was in position you for the week ahead. i am cheryl casone and for maria bartiromo. the crisis at our southern border no closer to being solved and former fbi officials are issuing a stark warning in a better to key congressional leaders writing biden's weak border policies have opened up the u.s. to one of the most pernicious ever threats to american national security with an invasion of military age men flooding into the country. i spoke to the acting ice director tom homan friday morning and he echoed these concerns.

j.p. morgan's prospects all.oing into earnings. >> he is a reason to be optimistic they only had spv failure, the lower the cost of capital, the net interest margins improved, the capital markets activity was a little more resilient than their competitors. maria: there's been a deal a minute in the last couple of days. >> to have been the megadeal because ftc is going to clampdown and a lot of deals out there, across the board you gotta be really careful with regionals that do have the office exposure that are fighting online bank deposit machines were crushing them in their net interest margin profitability, that's going to show up when rates were 0, online banks were not competing for deposit as effectively but when people get three, four, 5% they take their money out of banks and that could hurt profitability. maria: a great point about the ftc you see the carpet under capital market activity but they're not could allow antitrust potential issues to happen. the go to clampdown, great point. monica we gotta get

j.p. morgan conference in san francisco and as you also because of merger monday news and therapeutics getting taken over by johnson & johnson, merck and boston scientific in that order and there are gains from 20% to a doubling of the shares because of deal making in biotech, medical services, despite the biotech etf is up 2% and the spdr etf is up one quarter of 1% and boeing shares right now down about -- just about 15 or so points and it's roughly worth 100 points of downside for the dow. if you want to look at it differently the dow is up 100 points and if it wasn't for boeing right now because of what was happening with the 737 9 max model jets looking at the fuselage that brew up and it's 233 and at 75 the last trade, but if you look at the day so far, we're seeing a bit of a roll over here and we're still off the worst levels of the session and we were down nine or so percent and keep an eye on boeing shares and a big drag on the dow. i'll send things over to you. >> that's where we'll st

this is bloomberg. ♪ j.p. morganealth management knows it's easy to get lost in investment research. get help with j.p morgan personal advisors. hey, david! ready to get started? work with advisors who create a plan with you, and help you find the right investments. so great getting to know you, let's take a look at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app. sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh annabelle: you are watching "daybreak: asia." about 10 minutes into training for tokyo and a big mover just coming online. renaissance down more than 5%. is specializes in chips for orders and other industries. the big news that came out yesterday after the bell is that i attach each

j.p. morgan's growth story all coming up tomorrow right here. break the pentagon is facing backlash after defense secretary lloyd austin failed to disclose his medical conditions and in the fact he was going to the icu in the hospital, deputy national security adviser under president trump victoria coates is here with reaction, your watching "mornings with maria" live on fox business. ♪ moving forward with node- positive breast cancer is overwhelming. but i never just found my way; i made it. and did all i could to prevent recurrence. verzenio reduces the risk of recurrence of hr-positive, her2-negative, node-positive, early breast cancer with a high chance of returning, as determined by your doctor when added to hormone therapy. hormone therapy works outside the cell... while verzenio works inside to help stop the growth of cancer cells. diarrhea is common, may be severe, or cause dehydration or infection. at the first sign, call your doctor, start an antidiarrheal, and drink fluids. before taking verzenio, tell your doctor about any fever, chi

they can you a -- do a usdc, j.p. morgancan give you money that forms the way it is supposed to perform. this money goes for food, this money goes for housing. you can stack benefits and as they succeed in life, you are rhythmically -- you algorithm aclly -- that to to me -- that to me is how you can make sure that your policy services, like we did with the tax credit, that is the way to do this. none of this can be done if you cannot pay for it. we cannot pay for anything in this country if we don't get our title that's under control. -- our entitlements under control. you are going to have to have entitlement reform under -- reform as part of this. either the bond markets come at us and tell us to do it in ugly real-time surgery that hurts existing people or you do it in a phased in way where it doesn't affect seniors. it is the next generation and you are redesigning this program so they better fulfill their mission at a price that is not bankrupt the country in that context which has to be done in the next decade. a comm

j.p. morgan chase, and wells fargo. going to get your for this blitz because the banks set the tone for the earnings season itself because they touched so many parts of the economy. most big-money centers came out smelling like roses. these were the safest places to deposit your money in a world where we had actual bankruptcies. j.p. morgan finished the year with 27%. wells fargo had 1920%. it was only bank of america that it poorly at one .7%. it had a large balance of unrealized losses from bond investments. that happened because the fed was aggressive. there were no solvency issues at bank of america. the rates have been coming down for months. it is no longer a problem. the valuations are all over the place. i like to look at what the institution will be worth if you manipulated the entire thing overnight. it is a good apples to apples would look at it. they deserve a premium. that is getting up there. they traded one point for and one .3% values respectively. there is something very wrong about anything that cheap.

they can you a -- do a usdc, j.p. morganan give you money that forms the way it is supposed to perform. this money goes for food, this money goes for housing. you can stack benefits and as they succeed in life, you are rhythmically -- you algorithm aclly -- that to to me -- that to me is how you can make sure that your policy services, like we did with the tax credit, that is the way to do this. none of this can be done if you cannot pay for it. we cannot pay for anything in this country if we don't get our title that's under control. -- our entitlements under control. you are going to have to have entitlement reform under -- reform as part of this. either the bond markets come at us and tell us to do it in ugly real-time surgery that hurts existing people or you do it in a phased in way where it doesn't affect seniors. it is the next generation and you are redesigning this program so they better fulfill their mission at a price that is not bankrupt the country in that context which has to be done in the next decade. a commi

jamie: i am staying at j.p. morgan for now. mr.yan: what my foundation does is we work with economists at notre dame, we run control trials on what we think are successful poverty programs to find out what works so we can scale and replicate it. the government can do that, too. the last time i was here -- jamie: not-for-profit? mr. ryan: it is not-for-profit. jamie: send me a thing and i am going to send you some money. that can fix the world. mr. ryan: the last time i was here was with teddy murray, a progressive democrat from washington state. we wrote the evidence act, the five year anniversary came a week ago. what the evidence act does -- we are on the cusp of something good. the act says the federal government has to open up its data so the world, the private sector and economists and researchers can look at does what we do work or not? the government never did this. we measure success on anything the government does based on effort. how much money we are spending, earning, -- the evidence act is turning the government to do

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introducing j.p. morgan personal advisors. hey david.onnect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. chances of a plane crash -- 1 in 11 million. you're not gonna finish those salted nuts, right? never waking up from anesthesia -- 1 in 185,000. validate your parking or just see how it goes? what? why stress about the unlikely? does a killer clown worry about being struck by lightning -while winning the lottery? -sure don't. but your odds of falling victim to online crime are 1 in 4. you need aura. you, your family, all protected from scary online stuff. [ laughs ] protect everything your family does online with aura. sonali: this is bloomberg markets and i am sonali basak, blackstone shares are on the rise after reporting. the firm is worth more than morgan stanley by market value. here is john great on the virtuous cycle getting started. >> what is happening in our business, we are benefiting from this regime shift as we move from the ri

introducing j.p. morgan personal advisors. hey david.t with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. ed: welcome back to bloomberg technology. a very quick check in on the markets. nasdaq 100 not doing a great deal in this current session but the context of this week is earnings. netflix after the bell tesla 24 hours. it's becoming more of a consideration for the market broadly and there are high hopes for the magnificent seven, of the question is do we see earnings growth and key metrics when it comes to the much broader name in the technology sector. we've talked about less for amazon. a story breaking overnight, the watchdog is looking at amazon it's a system put in place over employee surveillance monitoring the work activities and work performance of those employees. a $34 million fine. we seemingly paired those losses for the trading. another story in the context. teemu is known as a destination for younger consumers. the chinese e-comme

introducing j.p. morgan personal advisors. hey david.nect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. hey, doc, quick question. okay, great. okay? if you had to choose, would you give yourself a root canal or run payroll? run payroll, no question. you know how tough payroll can be, right? no. we switched to gusto, and paying my team couldn't be easier. gusto gives me unlimited payroll runs, next day direct deposits, and automatically files my taxes. ooh, taxes! sounds like you know the drill. good one! can i run payroll too? sure, after this. choose payroll without the pain. that's working with gusto. katie: time now for social climbers, the stocks making waves on social media. first, taylor swift's label accusing tiktok of not paying fair value for its music. the record label threatening to pull music from swift and other artists from the social media site unless you can agree to a new deal. starbucks lowering its full year sales outlook bu

introducing j.p. morgan personal advisors. hey david.h an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. live from bloomberg headquarters in new york i am katie greifeld. and i am kailey leinz. the spot etf is what we focus on today.

get help reaching your goals with j.p. morganl money coach in the chase mobile® app. use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside - and the other goals along the way. wealth plan can help get you there. ♪ j.p. morgan wealth management. ♪ jonathan: stocks on the s&p 500 a touch positive to kick off monday morning. we are of mere .7%. yields lower by three basis points. one eye on crude all morning. basically unchanged with tension in the middle east. lisa: people are learning to shrug it off until they can't anymore, unclear what is going to trigger that. there is no signal the u.s. is going to materially change its offensive stature. jonathan: unchanged on wti and brent. the outlook for inflation. >> we are in the sweetest spot of the inflation reduction right now. it is going to get tougher going forward. it is not out of the question that not only if inflation stabilized, but once in a while going up, th

get help reaching your goals with j.p. morganplan, a digital money coach in the chase mobile® app. use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside - and the other goals along the way. wealth plan can help get you there. ♪ j.p. morgan wealth management. jonathan: a six-day winning streak on the s&p 500. we might just snap that. we are going absolutely nowhere in the equity and bond market. volatility is on the horizon. >> volatility is so low that some degree you could only go so much lower before you get more volatility. with micro conditions including inflation should be part of the assumption as we continue with this year. jonathan: between mixed messages from the fed and geopolitical conditions they are bracing for the unpredictable. the growth in earnings needs to find a common narrative. when you are looking for 10% earning growth's and cousin interest rates. it's your job to square the circle. sarah: yo

ahhhhhh ahhhhhh ahhhhhh j.p. morgannagement knows it's easy to get lost in investment research. get help with j.p morgan personal advisors. hey, david! ready to get started? work with advisors who create a plan with you, and help you find the right investments. so great getting to know you, let's take a look at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app. >> welcome to bloomberg etf iq. i'm scarlet fu. >> i'm katie greifeld. we have a big week ahead of us. >> we have the earnings and the fed. >> it's going to be fun. buckle up. let's get to the biggest stories

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these panels were purchased from the state of j.p. morgan as his family was struggling to pay the inheritance taxes after he passed away. the crazy thing is that most of his fortune was antiquities and not cash. john d rockefeller famously said, he owned all and wasn't that rich. by the way, these panels were installed higher up, which is why you get a little crown in the room. the reason they were applied higher was so that they could sell more furniture to be placed underneath. i'm always thinking about that stuff. after dinner, there is a huge part of the golden age. the men in the house would go downstairs to where the room was and there was a bowling alley down there and they would smoke cigars and have cognac's down there and the ladies would go to the drawing room where the name comes from. they would withdraw to the drawing room and they would meet up here in the living room with oak panels and over the fireplace is the famous of saint jerome and either side of that, thomas moore and cromwell. finally, the ar salon, which was the lar

this is benefiting j.p. morganca and wells fargo, but in smaller businesses for those companies. that's a business where card loans are growing, everything else is muted. bank of america has also said they don't expect that loan growth, but for jp morgan, that is very helpful. alix: and it's the worst performance for fic in five years. allison, can they compete with the other big guys? alison: i think they can. we look at fic across the banks and every quarter, who did better and who did worse. but it's important to keep in mind what the mix is. citigroup's trading is more skewed towards fic, rates and currencies. interest rate volumes and currency trading had a great quarter one year ago. this quarter, it is credit trading doing a little bit that are because of the easier comparisons to a year ago, and currencies this year has been weaker all year. if you step back and look at the big picture, fic and equity trading are at historically high levels, investment banking fees, historically low levels. trading is a lit

. ♪ get help reaching your goals with j.p. morganealth plan, a digital money coach in the chase mobile® app. use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside - and the other goals along the way. wealth plan can help get you there. ♪ j.p. morgan wealth management. sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh haslinda: welcome back. alibaba's hong kong listed shares have surged after the new york times reported that founder jack ma and founder joe tsai have bought some $200 million worth of the stock. for more let's bring in catherine. enough to quell consensus for the moment. >> back in november the we were just talking about a potential stake from jack ma that is worth some $870. that did not take place --

get help with j.p morgan personal advisors. hey, david! ready to get started?ork with advisors who create a plan with you, and help you find the right investments. so great getting to know you, let's take a look at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app. annabelle: some breaking news on ebay because the company announces cutting, >> driving the decision is ebay says it needed to organize and headcount expenses are outpacing growth. they are requesting all u.s. employees from home but they saying it is headcount reduction in something that will result in a more focused, agile and responsive company. ebay shares are private and after hours. a new poll suggests donald trump is getting the most from the eggs and of ron desantis area a 22 point lead nikki haley. voting is underway, for seann. hailey is the last calendar. jodi schneider joins us. some polling booths are closing, not long towards the end. how unusual is this? betting th

ahhhhhh ahhhhhh ahhhhhh j.p. morgan it's easy to get lost in investment research. get help with j.p morgan personal advisors. hey, david! ready to get started? work with advisors who create a plan with you, and help you find the right investments. so great getting to know you, let's take a look at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app. ♪ david: a glance at south east asia, jakarta coming online. singapore is on the way up. refocusing on indonesia. we talked about reports. there is the debt story. billions have been spent on infrastructure and right now these bills are due. let's bring in the asian economy reporter. claire, can you tell us more about debt levels on esso ease? >> so what we see is 20 billion u.s. dollars in debt by aggressive spending. seeing how that's paid off in india and china however the problem is ambitious planning and poor execution does not lead to great results.

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and so five years after the club house opened, charles mckim brings this gentleman, j.p. morgan, to the unveiling of the murals, and he's trying to impress him. and there's a long, painful silence and. finally, mckim says, to two to morgan, he goes, you know, stanford white, he's crazy about this work. and morgan famously responds, well, stanford white's always crazy. and then he says, magnify ascent and he must have been impressed because he hired mckime hired mallory to work on his own y, whe morgan library museum at 225 fifth avenue, madison avenue. and you can see the similarities between the spaces and by the way, the it was from inside the university club that j.p. morgan would broker the deal to create u.s. steel, which was the first multibillion dollar company in this country. and so from one famous robber baron to another in season one of the gilded age, george russell, who who was played by morgan spector, is very much based upon the infamous jay gould, who was referred to as the king of the robber barons. and along with his partners, gould would manipulate manipur gat

. ♪ get help reaching your goals with j.p. morganealth plan, a digital money coach in the chase mobile® app. use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside - and the other goals along the way. wealth plan can help get you there. ♪ j.p. morgan wealth management. xfinity rewards presents: '1st and 10gs.' xfinity is giving away ten grand to a new lucky winner for every first and ten during the big game. enter daily through february 9th for a chance to win 10gs. with the ultimate speed, power, and reliability the xfinity 10g network is made for streaming live sports. because it's only live once. join xfinity rewards on the xfinity app or go to xfinity1stand10gs.com for your chance to win. >>> donald trump's legal problems are an inevitable part of this year. his campaign schedule and his trial schedule. there are many who think he will become the nominee. we covered that debate at the top of the program. we've got a

get help reaching your goals with j.p. morganealth plan, a digital money coach in the chase mobile® app. use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside - and the other goals along the way. wealth plan can help get you there. ♪ j.p. morgan wealth management. ♪ jonathan: live from new york city, equities just about unchanged. front yield lower by two basis points. under surveillance, tesla leaving analysts in the dark. >> tesla is between two major growth waves. we are focused on making sure our next major growth wave is also driving other projects. that will be challenging, but i am confident that once it is growing, it will be about in the manufacturing technology that exists anywhere in the world. jonathan: tesla missing estimates, warning of notably lower growth, choosing not to offer full-year targets, a rare move by the ev maker. writing "we were dead wrong expecting musk and team to step up like adults

, greek and and so five years after the club house opened, charles mckim brings this gentleman, j.p. morgan, to the unveiling of the murals, and he's trying to impress him. and there's a long, painful silence and. finally, mckim says, to two to morgan, he goes, you know, stanford white, he's crazy about this work. and morgan famously responds, well, stanford white's always crazy. and then he says, magnify ascent and he must have been impressed because he hired mckim and he re mallory to work on his own library museum at 225 fifth avenue, madison avenue. and you can see the similarities between the spaces and by the way, the it was from inside the university club that j.p. morgan would broker the deal to create u.s. steel, which was the first multibillion dollar company in this country. and so from one famous robber baron to another in season one of the gilded age, george russell, who who was played by morgan spector, is very much based upon the infamous jay gould, who was referred to as the king of the robber barons. and along with his partners, gould would manipulate manipur gate the stock

then thousands in san francisco this week for the annual j.p. morganare conference by the city's travel association, is hoping it will be a good thing for the revival of the downtown a a (vo) meet fargo, the new virtual assistant from wells fargo. fargo makes banking faster, and easier. (woman) fargo, turn off my debit card! (vo) lets you pick up the tab, even if you forget your wallet... (kaz) i got this. (ben) fargo, send kaz $145 dollars with zelle®. (kaz) smooth. (vo) fargo puts important information at your fingertips. (dad) fargo, what did i spend on groceries this month? (son) hey dad, can the guys stay for dinner? (dad) no... (vo) want to see everything fargo can do? you can, with wells fargo. happened on the palace side. side of the mountain around 930 this morning, above the gs gully area of the k 22 expert lift crews are performing a search of the mountain. at this point, placer county sheriff's deputies also there at the scene. there are some reports that some rescues have already been made, but at this point it's not clear how many people

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j.p. morgan ceo jamie diamond. he is not necessarily out as a drum beat for trump or conservative, but he had some wise words i have heard this campaign cycle for democrats. listen to this. >> i wish democrats would think more carefully talking about maga. when people say maga, they are looking at people voting for trump and scapegoating them. hes not wrong about critical issues and that is why they are voting for him. be respectful of fellow citizens and when you have people up here, ask why, not like a binary thing. why are you supporting trump? >> hard to hate 75 million americans. >> i agree. >> democrats have done a pretty good job with deplorables and bibles and beer and dpuns. really, can we stop that stuff and grow up and treat other people with respect and listen to them a little bit. the economy will affect and negative talk about maga will hurt biden's campaign. >> kayleigh: wow. >> cheryl: jamie diamond is a businessman, talking about the plight of the american consumer. he looks at c

j.p. morgan wealth management. reported that their profit climbed 4% in the last quarter of 2023 as president joel grey seems an inflection point for private equity after enduring one of the industry's worst years. she spoke earlier this morning with sonali basak. >> we will continue to see that activity. there are companies out there who do not feel like they are getting valued appropriately. there are some spac's from a different era that may not be trading particularly well. there may be real estate companies trading at a discount to their underlying asset value. there could be infrastructure companies that could be great long-term holds in the private market. i think we will see some of that. if you think about the trillions of dollars of assets held by private equity sponsors, there will be a desire to move towards liquidity, and that will create a lot of opportunity across various areas of blackstone. sonali: performance fees pressured for you guys come across the industry. you think the ipo market is opening

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and j.p. morgan your industry peers were in the city -- all of the banker, vc's, biotech companies. is there any movement in the days that followed? any deals that have crossed your desk as a direct -- as a direct result of j.p. morgan health care? vishal: they bring all the players here to this wonderful city of san francisco. i think the critical thing all of us are talking about is, what are the big problems and what are the solutions? obviously, we focus on three broad areas in health care. one, we believe on health care, the payment system has to move toward being outcome driven versus for services only. the industry calls this the value-based approach of health care. number two, we believe the infrastructure of health care right now is being powered from a technology point of view for episodic care and for billing. need to move to where it is more holistic care or longer care things to new technologies like generative ai, in the future, we can move toward more intelligent care, so we can provid

get help reaching your goals with j.p. morgan, a digital money coach in the chase mobile® app. use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside - and the other goals along the way. wealth plan can help get you there. ♪ j.p. morgan wealth management. how am i going to find a doctor when i'm hallucinating? what do you think, fever monster? what about zocdoc? zocdoc? dr. castell has a great bedside manner. so many options. but dr. xichun will take your sketchy insurance. xi-chun! xi-chun, xi-chun, xi-chun! thanks, bro! you've got more options than you know. book now. [laughter] jonathan: live from new york city this morning. here is the price action on the s&p 500 index. we add some weight to it is morning. positive by 0.4%. under surveillance this morning, the fed remains patient. [video clip] >> when the time is right to begin rates, i believe it can and should be lowered methodically and carefully with economi

maria: more of my exclusive interview with jamie dimon of j.p. morganing up as we previewed the fourth-quarter earnings season which kicked off this friday. european markets are in the red, take a look at the eurozone as the dow industrial is down in the triple digits. that's a p100 in london is squeaking out again, up three points, the cat caught appears is down 15, the dax index in germany lower by 37. in asia a mixed story, the asian embassies finishing with the biggest mover in japan, the average up better than 1%, and washington congress officially back to work this morning i had of an impeachment hearing for alejandro mayorkas tomorrow. he claims the administration is following the law at the border. while reportedly releasing 85% of illegal border crossings into the country. we are on it. more questions around defense secretary lloyd austin's absence and hospital stay as president biden maintains he will not fire the defense secretary nor accept her resignation from the secretary despite misleading and holding back information about his medical i

since then the most recent was the j.p. morgan healthcare conference, which was just hosted here in the city this last week. according to the mayor who we talked to earlier today, she says that that was a big success and she is very happy that there was a response i was actually bigger. there were more people who came to this event last week and were here for the year before that. audrey? >> sergio, and the mayor has been very happy with the events lately. they have been going as planned for her. were you able to talk to her about this tiktok food influencer? what did she tell you about this whole thing? >> reporter: yeah. we were able to talk to her about the comments by keith lee and the comments by jamie diamond, who is the ceo of j.p. morgan chase was actually in san francisco for the entire week of this conference. and she actually agreed with some of the comments that diamond made about the city. one of the criticisms of the city was set san francisco has been too dependent on the tech industry for too long. she actually agr

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