We reported another quarter of strong results, generating net income of $15.0 billion or net income of $14.2 billion excluding a significant item. Each of the lines of business performed well.
The JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) has become a top choice for many investors. It is a covered call ETF that offers an attractive yield over 10%, much higher than the S&P 500's 1.5%. The ETF invests in low-volatility stocks and manages to pay a higher yield through the options call. It outperforms the traditional equity income approach and has a low expense ratio of 0.35%.
"Build trust before going public." - This advice emphasizes the importance of establishing a foundation of confidence among potential union members before making their intentions known.
The administration's recent dialing down of some of the more draconian tariffs placed on China should reduce the risk that the US economy slips into recession this year.