In this morning's edition of the MPC Markets Morning Call, Mark Gardner discusses the recent downturn in stocks, particularly influenced by JP Morgan's earnings report. The conversation highlights the impact of political factors, especially Trump's policies, on the financial sector and market sentiment. Additionally, there is a focus on upcoming earnings announcements and the potential implications for investors. The session concludes with an invitation to a webinar aimed at providing actionable investment strategies for the year ahead.

takeaways

• Stocks were negatively impacted by JP Morgan's earnings report.

• The financial sector is facing challenges due to political pressures.

• Central banks play a crucial role in economic stability.

• Commodity prices have seen significant fluctuations recently.

• Upcoming earnings reports will be critical for market direction.

• Investors should prepare for potential volatility due to political announcements.

• The ASX showed strong performance led by the materials sector.

• Market sentiment may shift as more earnings are reported.

• The webinar will cover actionable investment strategies.

• Registration for the webinar includes access to valuable resources.

Stocks somehow finished higher overnight as a climbin tech sparked a broader recovery despite concerns about Federal Reserveindependence following President Trump administration’s latest attack on FedChairman Jerome Powell.

Join Finn Judell for a quick recap of overnight US equity action on January 8, 2026. Key highlights:Rotation out of big tech into defense and cyclical stocks following President Trump's announcement of a proposed 50% increase in defense spending to $1.5 trillion for 2027.Defense giants like Northrop Grumman, Lockheed Martin, and L3Harris surge as major beneficiaries.Trump also signals plans to ban institutional investors from purchasing single-family homes, potentially foreshadowing softer upcoming US housing data.Russell 2000 leads gains amid small-cap strength, while commodities stay flat except for crude oil rebounding ~4%.A concise market update with insights on policy impacts and sector moves.#StockMarket #USMarkets #DefenseStocks #TrumpPolicy #Investing #FinanceNews #MorningCall