SA: JP Morgan AI model shows sentiment sour on Fed and taxes, fading on buybacks

SEEKING ALPHA reports:

Corporate sentiment is weak overall given financial conditions, according to J.P. Morgan’s proprietary AI quant model.

The JPM Quant Sentiment Indicators are based on a proprietary artificial intelligence/natural language processing engine “that objectively measures management sentiment for key macro drivers based on public company filings and transcripts for S&P 500 (SP500) (NYSEARCA:SPY) (IVV) (VOO) companies.”

Aggregate sentiment has a QSI score for the S&P 500 at the 32.7th percentile.

The QSI on Federal Reserve monetary policy is at a multi-year ...