JP Morgan Predicts Bullish Turn for US Stock Market Amid Geopolitical Cooling
JP Morgan has recalibrated its economic outlook, forecasting a bullish phase for the US stock market as tensions in the Middle East subside. The bank's trading desk highlights stabilized geopolitics and softening trade conflicts as catalysts for renewed equity optimism.
Corporate earnings are poised for an uptrend, with the Dow Jones, Nasdaq Composite, and S&P 500 already reflecting gains. The Nasdaq and Dow Jones surged over 700 points this month, while the S&P 500 climbed 170 points—marking the most robust rally this year.
Expiring tariff exemptions could further normalize trade flows, amplifying the market's momentum. JP Morgan's pivot underscores a broader institutional shift toward risk assets, though the note remains silent on crypto implications.
