The risk of a crisis over the next 6 to 12 months is rising as high rates bite and the stock market's AI rally fades, JPMorgan's quant chief says

Doctor: Your Hair Will Grow Like Crazy Stock market today: World shares surge after Wall St gains on signs the US jobs market is cooling

Stocks were higher in Europe and Asia on Monday following a report that signaled the US jobs market, while still healthy, shows some signs of cooling, raising hopes for an easing of interest rate hikes. Germany's DAX advanced 0.7% to 15,949.69 and the CAC 40 in Paris picked up 0.8% to 7,354.96. In London, the FTSE 100 was up 0.8% at 7,522.38. The futures for the S&P 500 and the Dow Jones Industrial Average were up 0.2%. U.S. markets will be closed for the Labor Day holiday.

Calgary mortgage broker Max Singh says it's like running full tilt, but getting nowhere. A financial morass where you can't get break free."You're not moving forward with your financial picture," said Singh.Singh, who's been in the financial services sector for 20 years and a mortgage broker in Calgary for the past nine, says he's seeing more clients accept longer amortization periods to lower their borrowing costs.Thirty-year terms, even 35.

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JPMorgan Analyst Sounds Deflation Warning for Grocery StocksThe potential for lower food prices in Europe is reason to be cautious on the grocery sector, according to JPMorgan Chase & Co. analyst Borja Olcese.
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