“Making Sense,” the podcast channel from J.P. Morgan’s Commercial & Investment Bank, brings you views and analysis from the Investment Banking, Markets and Research businesses. In each episode, experts discuss the latest market outlooks, trends and developments impacting our complex global economy. Subscribe now for insights that will help you navigate the world we live in.

Latest episodes

September jobs report: "When the risks are two-sided, you're in good position"

October 2, 2026 · 9 min

Payrolls came in lower than expected in the September jobs report, but topline numbers may not tell the whole story. In this episode of Making Sense, Alexa Hanelin of the Rates team sits down with Michael Feroli, J.P. Morgan's chief U.S…
Why tokenization is gaining momentum

September 22, 2026 · 19 min

Tokenization and digital assets are moving from experimentation to real-world implementation, from hype to measurable outcomes. In this episode of Making Sense, Hannah Elson, global head of Custody and EMEA head of Securities…
The Fed hikes rates. What happens now?

September 17, 2026 · 9 min

For the first time in three years, the overnight federal funds rate is going up, as the Federal Open Market Committee (FOMC) voted to raise rates at its September meeting. In this episode of Making Sense, Samantha Azzarello, head of…
Navigating credit markets in 2026: “Don’t let the macro narrative overwhelm the micro”

September 16, 2026 · 20 min

As Treasury yields stay elevated and spreads remain historically tight, rates appear to be bleeding directly into credit — and investors are increasingly viewing credit through a rates lens. In this episode of Making Sense, Brian LaRocca…
The future of treasury: From back office to strategic forefront

September 11, 2026 · 24 min

Treasury is no longer a back-office function. As businesses navigate increasing complexity, it has become a strategic driver of resilience, decision-making and growth. In this episode, Roxana Montazerian, EMEA Head of Broker Dealer and…
How is automation shaping emerging markets?

September 8, 2026 · 15 min

In this episode of J.P. Morgan's Making Sense, Meridy Cleary from the FICC Market Structure and Liquidity Strategy team sits down with Carlos Gomez-Gascón, head of EM Rates e-Trading, to explore how automation is reshaping emerging market…
What's next for tech equity capital markets in a record year for mega-cap IPOs?

September 4, 2026 · 17 min

2026 continues to be a record year for equity capital markets globally — and the tech issuance calendar isn't showing signs of slowing down. In this episode of J.P. Morgan’s Making Sense, Eddie Byun, global head of Technology Equity…
Innovate to simplify: Structuring for modern markets

September 1, 2026 · 23 min

In this episode of J.P. Morgan’s Making Sense, Gurps Kharaud, head of Equities, Structuring and Financing Digital Markets, sits down with Rui Fernandes, head of Global Structuring, to unpack how structuring is evolving in today’s markets…