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Report published August 11, 2026

J.P. Morgan US Market Intelligence: Morning Briefing - August 11, 2026

Source and citation context

Report date
August 11, 2026
Analysis as of
August 11, 2026

Authors / editors: Andrew Tyler, Federico Manicardi, Ellen Wang, Victoria Campos

Finvaulta summarizes J.P. Morgan's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Daily UpdateCommoditiesEquitiesFXEnergyFinancials

This morning briefing provides tactical US market intelligence, analyzing upcoming CPI catalysts and current positioning. The team remains tactically bullish while advising caution ahead of key inflation and retail sales data.

Key Takeaways

  • 1.The team remains tactically bullish on US markets despite near-term consolidation risks.
  • 2.Inflation prints (CPI) and retail sales are the primary catalysts for near-term Fed policy expectations.
  • 3.Recent flows indicate a rotation out of IEF into TLT, and heavy selling in semiconductor ETFs.

Table of Contents

  • IDEAS & INSIGHTS – IN BRIEF
  • JPM MARKET INTEL MORNING UPDATES
  • CATALYSTS TODAY (WEEK AHEAD)
  • JPM MARKET INTEL EQUITY & MACRO NARRATIVE
  • US MKT INTEL: CPI SCENARIO ANALYSIS
  • US MKT INTEL VIEW
  • NEWS LINKS
  • WEEKLY ECONOMIC DATA / EARNINGS
  • US CALENDAR
  • ECONOMICS
  • EARNINGS
  • GLOBAL CALENDAR
  • AI / TECH CATALYSTS
  • POLITICAL CATALYSTS

Report data

SMALL BIZ HIRING SUB-INDEX vs. NFP — as of August 11, 2026.

MetricEstimateContext
Core CPI Month-over-Month0.22 percentageFeroli's estimate
10Y Treasury Yield4.725%Daily yield tracking
Source: JPM Economics; Market data. This is a dated model snapshot, not a live forecast.

Reports in this series

US Market Intelligence Morning Briefing is shown in chronological order through this edition, published on August 11, 2026.

Part of the US Market Intelligence Morning Briefing series — view all 56 editions

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Authors / Editors

Andrew TylerFederico ManicardiEllen WangVictoria Campos

Reported Data Context

  • Core CPI Month-over-Month: 0.22 percentage (Monthly) · Source: JPM Economics
  • 10Y Treasury Yield: 4.725 percent (Daily) · Source: Market data

Securities

QQQSPXNVDATLT

Themes

AI ROI and Tech CapexMiddle East Geopolitical RiskDisinflationary Trend

Regions

GlobalAsia PacificLatin AmericaUnited StatesChinaJapan

Browse More

J.P. MorganDaily UpdateSPXNVDAEquitiesRates Govt Bonds

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