{"id":85004,"date":"2023-06-12T00:07:13","date_gmt":"2023-06-12T04:07:13","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85004"},"modified":"2023-06-11T22:51:46","modified_gmt":"2023-06-12T02:51:46","slug":"jpmorgan-bond-chief-bob-michele-sees-worrying-echoes-of-2008-in-market-calm","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2023\/jpmorgan-bond-chief-bob-michele-sees-worrying-echoes-of-2008-in-market-calm.html","title":{"rendered":"JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm"},"content":{"rendered":"\n<p>(CNBC) To at least one market veteran, the stock market\u2019s <a href=\"https:\/\/www.cnbc.com\/2023\/06\/08\/stock-market-today-live-updates.html\">resurgence<\/a> after a string of bank failures and rapid interest rate hikes means only one thing: Watch out. The current period reminds <a rel=\"noreferrer noopener\" href=\"https:\/\/am.jpmorgan.com\/us\/en\/asset-management\/adv\/bios\/bob-michele\/\" target=\"_blank\">Bob Michele<\/a>, chief investment officer for <a href=\"https:\/\/www.cnbc.com\/quotes\/JPM\/\">JPMorgan Chase<\/a>\u2019s massive asset management <a rel=\"noreferrer noopener\" href=\"https:\/\/am.jpmorgan.com\/us\/en\/asset-management\/liq\/\" target=\"_blank\">arm<\/a>, of a deceptive lull during the 2008 financial crisis, he said in an interview at the bank\u2019s New York headquarters. \u201cThis does remind me an awful lot of that March-to-June period in 2008,\u201d said Michele, rattling off the parallels.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/06\/09\/recession-jpmorgan-bond-chief-bob-michele-sees-worrying-echoes-of-2008.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) To at least one market veteran, the stock market\u2019s resurgence after a string of bank failures and rapid interest rate hikes means only one thing: Watch out. The current period reminds Bob Michele, chief investment officer for JPMorgan Chase\u2019s [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85004","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85004"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85004\/revisions"}],"predecessor-version":[{"id":85005,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85004\/revisions\/85005"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}