[JPMorgan Strategists: U.S. Stock Market Overestimating Rate Hike Risks] BlockBeats News, May 26 — According to analysis by JPMorgan strategists, the market is currently overpricing the potential risk of central bank rate hikes, creating conditions for a rebound in the least volatile stocks, such as consumer staples and utilities. Although investors are concerned that an energy price shock triggered by the Iran conflict could lead to another wave of rate hikes, similar to the aftermath of Russia's invasion of Ukraine in 2022, the JPMorgan team led by Mislav Matejka pointed out that the current macroeconomic environment is significantly different from that period. In a research report, the strategists noted that given all parties involved in the conflict are ultimately committed to seeking an "exit strategy," bond yields and oil prices are expected to trend downward over the next 6 to 12 months. Additionally, they predict that corporate earnings prospects will remain robust and believe that stagflation is not the most likely macroeconomic scenario for the second half of the year. (Jin10)