December 7, 2023
United States:
JPMorgan Asset Management Names New Head of Americas Real Estate
JPMorgan Chase & Co. said Chad Tredway will rejoin the company’s asset-management arm as its head of real estate in the Americas.
He will succeed Mike Kelly, who is retiring, after a transition period, JPMorgan said in a statement.
Europe:
Euro-Zone Risks Recession as German Economy Falters
Industrial production in Germany and Italy began the final quarter of the year with a stumble after France and Spain reported similar outcomes, pointing to a possible recession in the region.
Output in Europe’s biggest economy fell 0.4% in October from the previous month to the lowest level since August 2020, the German statistics office said Thursday. In Italy, production declined 0.2% from September.
Asia:
China’s Weak Trade Data Signals More Economic Pain to Come
China’s imports unexpectedly shrank in November from a Covid-hit period a year ago, while exports edged up from a low base, suggesting the nation’s slowing economy still hasn’t bottomed out.
Disclaimer:
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
