Financial News
Financial News
Business man showing his empty pockets and financial crisis concept
Why You Should Ignore JPMorgan’s Doomsday Prediction
Business man showing his empty pockets and financial crisis concept

How bad will the next crisis be? JPMorgan Chase & Co. has an idea. ‘A decade after the collapse of Lehman Brothers sparked a plunge in markets and a raft of emergency measures, strategists at the bank have created a model aimed at gauging the timing and severity of the next financial crisis. And they reckon investors should pencil it in for 2020.

Is a GFC 2.0 on the Horizon?
Business man showing his empty pockets and financial crisis concept

Central banks around the world used stimulus packages to boost their economies and in Australia, it also kept us out of a recession. For this to work, countries had to spend money, which has led to debt.

QBE Insurance Group Share Price Drops 1.463%
QBE Insurance share price

QBE Insurance Group Limited’s [ASX:QBE] stock price dropped this morning by 0.15c, sitting at AUD$9.76 at time of writing. Climate change is continuing to challenge the insurance industry, as unpredictable weather events and catastrophes increase. The randomness and intensity is extremely complex to price.

AMP Stocks Drop by 3.13%
budget

AMP Limited’s [ASX:AMP] stock price dropped by 3.13% this morning, sitting at $3.56 at time of writing. But it hasn’t been a positive year for the financial services company, with steady decline and a major drop since May this year. AMP has fallen by nearly a third since the inquiry, a valuation loss of nearly two billion dollars.