Michael Cembalest
Two anglers on a boat with a large silver tarpon, open ocean behind

Markets & saltwater

Michael Cembalest

Markets by day, saltwater by choice.

See the fishing

Welcome

I am the Chairman of Market and Investment Strategy at J.P. Morgan Asset Management and have worked at J.P. Morgan since 1987. I am also an avid saltwater fisherman. Welcome to my website.

An angler holding a striped bass beside a Jeep loaded with two fishing kayaks on a sandy beach road

Fishing

Kayaks, far-flung trips and what happens to the catch afterward. Every post opens on Instagram.

Two kayakers relaxing on calm water in a salt marsh at sunset Two kayakers side by side on open ocean under an overcast sky

Research

Eye on the Market

Commentary on markets, the economy and investment strategy.

Read Eye on the Market

Research

Energy papers

Annual deep dives into energy, the energy transition and what it means for investors.

Read the energy papers