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Odaily reported that Plasma has announced the launch of its innovative banking financial product, Plasma One.

```html(1) JPMorgan Asset Management believes that the enthusiasm for artificial intelligence investments and the resilience of consumer spending will jointly support continued economic expansion—companies increasing their investment in AI infrastructure will enhance economic momentum, while the wealth effect brought by rising stock and housing prices will help high-income groups maintain strong consumption capability. (2) The Chief Strategist at JPMorgan Asset Management stated that tax refunds and AI-related expenditures will become important factors driving economic strength around mid-year; however, whether the momentum can last into the fourth quarter depends on whether Washington introduces further fiscal stimulus. The team’s baseline forecast expects Democrats to retake the House of Representatives, which would limit the possibility of launching fiscal stimulus in 2027. (3) On inflation, the institution expects that if the tensions in the Strait of Hormuz are durably resolved, inflationary pressure for the remainder of 2026 and next year will gradually ease—lower energy costs, cooling housing inflation, and controlled wage growth will together contribute to a slowdown in price increases. The final conclusion is: “We do not foresee a recession, and the wealth effect and AI boom will continue supporting the economy moving forward.”```

Golden Ten Data reported on June 17 that the US retail sales for May recorded a monthly increase of 0.9%, surpassing the market expectation of 0.5%.