All into Account

All Into Account: The State of US Housing: Market Dynamics and Policy Shifts

In this podcast, J.P. Morgan Research analysts examine the resiliency in US home prices, despite slower growth and higher rates, and the commercial real estate crisis. They provide insight into the drivers behind the frozen housing market, the challenges facing homebuilders, and the evolving role of Fannie Mae and Freddie Mac amidst discussions of GSE privatization. The discussion delves into the impact of tariff and immigration policies, particularly on the High Yield housing sector.
 
Speakers:
Joyce Chang, Chair of Global Research
John Sim, Head of Securitized Products Research
Michael Rehaut, Head of U.S. Homebuilding & Building Products Equity Research
Anthony Paolone, Co-Head of REITs & Real Estate Services Equity Research
Chong Sin, Securitized Products Research
Nick Maciunas, Head of Agency MBS Research
Arjun Chandar, North America Corporate Credit Research
 
This podcast was recorded on July 3, 2025.
This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2025 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.

All Into Account: Navigating Global Housing Challenges Beyond the US

In this podcast, J.P. Morgan Research analysts highlight emerging signs of relief in the housing affordability crisis across China, Japan, and the UK. The discussion focuses on whether we are approaching a bottom in China’s housing prices and additional policy support. There are concerns about leverage and the rise in property prices in Japan as the BOJ pursues policy normalization, while the UK housing market has seen an abundance of supply-side reforms from the Government to support homeownership.
 
Speakers:
Mohammed Hossain, Strategic Research
Haibin Zhu, Chief China Economist
Ayako Fujita, Chief Economist for Japan
Zaim Beekawa, European Building & Construction and Infrastructure Equity Research
 
This podcast was recorded on July 3, 2025.
This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2025 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.

All Into Account: Exploring Housing Affordability: Insights from the JPMorganChase Institute

In this podcast, J.P. Morgan Research analysts discuss housing affordability with key insights from the JPMorganChase Institute (JPMCI). Building on a decade of research, the Institute has provided a comprehensive understanding of how consumers purchase homes, navigate recent surges in home prices, and accumulate wealth.
 
The current housing market is redefining economic opportunities in the US, influencing how Americans live, spend, and plan for their future. Research analysts explore the impact of the housing affordability crisis on different population segments, emerging disparities, and the challenges faced by policymakers.
 
Speakers:
Joyce Chang, Chair of Global Research
Makada Henry Nickie, Housing Finance Research Director, JPMorganChase Institute
George Eckerd, Research Director for Wealth and Markets, JPMorganChase Institute
Abiel Reinhart, US Economic Research
 
This podcast was recorded on July 1, 2025.
This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2025 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.
 

The Best of The Long-Term Strategist

In this All Into Account podcast Joyce Chang, Chair of Global Research and Jan Loeys, Long-term Strategist discuss the following topics:
Regime shifts that are not yet reflected in asset prices and implications for strategic asset allocation • Global warming and climate change• Working-age depopulation in DM • Shift from Democracy to Populism • De-globalization• Higher US bond yields 
Current dynamics of longevity, retirement savings and investment • Longer life expectancy and rising longevity inequality• Rules of thumb for managing retirement savings
Lessons learned and final advice • History does not always repeat • KISS Investing
 
Speakers Joyce Chang, Chair of Global Research, J.P. MorganJan Loeys, Long-term Strategist
 
Jan Loeys retired from JPMorgan this month after an impressive 40 year career that included numerous senior research roles, including Head of Market Research, Chief Bond Strategist in London, and Chief Investment Strategist in New York. In 2018, at the age of 65, Jan transitioned from tactical strategy to a new challenge with the launch of The Long-Term Strategist, advising investors on strategic asset allocations with a long-term perspective. Prior to joining JPMorgan, Jan taught finance and economics at UCLA, the Wharton School, NYU, and Fordham University, and was Senior Economist at the Federal Reserve Bank of Philadelphia.
 
Related Research
The Best of The Long-term Strategist, Joyce Chang, Jan Loeys and Alexander Wise, 16 June 2025
 
This podcast was recorded on June 9, 2025. 
This communication is provided for information purposes only. Institutional clients can view the related reports at https://www.jpmm.com/research/content/GPS-5007106-0. For more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2025 JPMorgan Chase & Co. All rights reserved.

ESG in Transition: Triumphs, Trials and Tensions

In this podcast Joyce Chang, Chair of Global Research is joined by Virginia Martin Heriz, JX Hecker and Paul Xu in J.P. Morgan’s ESG Research team to discuss the current landscape dictating the future of ESG, including the political backdrop under Trump 2.0, geopolitical risks, the US-China strategic competition and the rising energy demands from data center expansion to fuel the AI revolution, as forces that are reshaping the supply chain and energy demand.
J.P. Morgan Speakers:Mohammed Hossain, Strategic Research Joyce Chang, Chair of Global Research Virginia Martin Heriz, Head of ESG Research Methodology and Integration Paul Xu, Asia Pacific ESG Research Jean-Xavier Hecker, Head of ESG & Sustainability Research
This podcast was recorded on 15 January 2025.
This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2025 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.

Podcast - Beyond the Surface: From Conflict to Market: The Israel-Iran Impact on Oil Prices

As geopolitical dynamics shift, we explore the potential impacts on oil markets, considering both the immediate risks and the broader implications for global energy stability.

Podcast: Beyond the Surface Rethinking Global Linkages Amid Geopolitical Shifts

Featured in this podcast is Amy Ho. As the new world order fosters regionalization and new alliances, we explore the implications for globalization, industrial policies, and shifting international trade dynamics.
This podcast was recorded on Nov 18, 2024.
This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved.

All Into Account: Changing demographics and markets

Demography is destiny and thus a critical consideration for the long-term investor. What are the long-term trends and how will they affect markets?
Speakers:
Jan Loeys, Long-term Strategy
Alexander Wise, Long-term Strategy
This podcast was recorded on 9 October 2024.
This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4800176-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.

All Into Account: Cross Asset Strategy: “View on ECB and European duration as macro picture shifts” with Fabio Bassi, Head of International Rates Strategy

Fabio Bassi joins us to discuss ECB outlook and duration views. Idiosyncratic macro dynamic came to the forefront of rates markets this week with a notable outperformance of EUR rates in a bull steepening move, driven by weak Euro area flash PMI for September and selective inflation data in France and Spain. Higher conviction in the broad disinflation process in the Euro area and downside risk on growth triggered a change in our ECB call, now expecting the ECB to deliver back-to-back 25bp cuts starting in October, reaching 2% policy rate in June 2025, Risks are biased for even lower terminal even in absence of a recession.
Speakers:
Thomas Salopek, Head of Cross Asset StrategyFabio Bassi, Head of International Rates Strategy
This podcast was recorded on 2 October 2024.
This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4806192-0, https://www.jpmm.com/research/content/GPS-4802900-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.

All into Account: Cross Asset Strategy: “Japanese Stocks and JPY: what’s next after the BoJ and FOMC?” with Rie Nishihara, Head of Japan Equity Strategy and Junya Tanase, Chief Japan FX Strategist

Speakers:Thomas Salopek, Global Cross Asset StrategyRie Nishihara, Head of Japan Equity StrategyJunya Tanase, Chief Japan FX Strategist
 
This podcast was recorded on Sept 25, 2024.
This communication is provided for information purposes only. Institutional clients can view the related report at
https://www.jpmm.com/research/content/GPS-4797455-0 and https://www.jpmm.com/research/content/GPS-4799897-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party. It is permissible to use J.P. Morgan Data for internal business purposes only in an AI system or model that protects the confidentiality of J.P. Morgan Data so as to prevent any and all access to or use of such J.P. Morgan Data by any third-party.