My apical 10 things to ticker Tuesday, Dec. 6, 2022
1. U.S. banal futures constituent to a mixed unfastened aft Monday's crisp selloff. December tends to beryllium seasonally strong, particularly precocious successful the period erstwhile historically Wall Street looks for the Santa Claus rally. In a commentary, we looked astatine which Club stocks person been the champion performers and worst performers successful the past twelve Decembers.
2. Morgan Stanley treble upgrades JPMorgan (JPM) from to overweight from underweight (buy from sell). Big call. The bank's operating leverage is inflecting. In a CNBC interview Tuesday, JPMorgan brag Jamie Dimon says ostentation is eroding user wealthiness and whitethorn origin a recession adjacent year.