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JPMorgan Chase & Co.

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166 Trillion Reasons Why Bank Stocks Are So Cheap

By , Global Credit Strategist, Money Morning • @MichaelELewitt -

My continuing search for sectors of the stock market that are trading cheaply and offer the potential for gain has led me to a controversial slice of the market: bank stocks.

Looking at the "Big Four" in the U.S. banking sector, it's easy to conclude that the sector is undervalued...

But that conclusion may be a bit misleading.

Make no mistake - by traditional measures banks look cheap, and their stocks could do fine until the next financial crisis.

But that's the problem. Looking at banks that way ignores the elephant on their balance sheets, and the potential damage to our portfolios.

Here's what's really driving this critical economic sector into a "buyer beware" investment category...

Don't Believe the Headlines – Big Banks Are Still Screwing You

By , Chief Investment Strategist, Money Morning • @ShahGilani_TW -

When it comes to big banks' bad behavior and the fines they pay to settle "allegations" - which are actually civil charges and which would be criminal charges if applied to any other business or in any parallel universe - things aren't even close to what they seem.

Sure the headlines scream victory, at least monetary victory, for some ripped-off consumers, some hard-charging regulators, and our vaunted (NOT) Justice Department.

To continue reading, please click here...

JPMorgan Chase & Co. (NYSE: JPM) Digital Growth Fund Bets on Twitter Potential

By , Associate Editor, Money Morning -

JPMorgan Chase & Co. (NYSE: JPM) may be making Twitter Inc. a main player in the bank's new Internet-focused fund, betting on the profit potential of the social media star.

JPMorgan's asset management unit will run the new Digital Growth Fund and has raised $1.22 billion so far, according to a U.S. Securities and Exchange Commission (SEC) filing last week. It plans to raise $1.3 billion total and hopes to get a 10% stake in Twitter, people familiar with the matter said Sunday. It plans to invest about a third of the total assets, or $450 million, in the online messaging site, valuing it at $4.5 billion.

The fund was established in February to invest in rapidly growing tech companies, most of which are privately held. It will have a maximum of 480 investors, and earn commission of at least $13 million.

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Money Morning Mailbag: With Many Ways To Hold It, Investors Need To Get Their Hands on Silver

By , Associate Editor, Money Morning -

A couple weeks ago, Money Morning Guest Writer Jack Barnes examined the last major commodity to enjoy a true price breakout: silver.

Barnes detailed why silver is poised for a breakout, based on its current price surge underway in India, the price run up of gold - a leading indicator of silver prices - and the fact that the white metal has yet to set a new nominal record price in U.S. dollars.

Barnes outlined the actions investors should take to involve silver in their investment plans, offering three strategies: physical acquisition and accumulation, exchange-traded funds (ETFs) and stocks, and options on futures.

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