Reported about 13 hours ago
For the first time in two years, JPMorgan's chief equity strategist Dubravko Lakos-Bujas has expressed a more optimistic view on the stock market, suggesting that a recession is unlikely in the near term. This change in sentiment comes amid supportive policy measures from major economies and strong consumer health in the U.S., alongside anticipated growth in corporate earnings. However, Lakos-Bujas cautions that upcoming political events and potential impacts on interest rates could introduce volatility.
Source: YAHOO