JP Morgan Forecasts Extended US Stock Market Rally, Eyes New Highs
JP Morgan's strategists project the current equity rally has further room to run, with Jordan Jackson of their asset management division anticipating record highs ahead. The analysis dismisses near-term recession risks, citing corporate resilience through recent geopolitical uncertainties.
Major indices including the Dow, Nasdaq, and S&P 500 have already gained over 5% year-to-date. Jackson emphasizes that Corporate America's adaptability during the TRUMP trade wars now positions markets for sustained upward momentum.