星球日报|Jun 03, 2026 11:18
[JPMorgan: The U.S. Earnings 'Supercycle' Will Drive the Stock Market to New Highs]
Odaily Planet Daily News – Natalia Lipishina, JPMorgan's Head of Equity Strategy for Europe, the Middle East, and Africa, stated that the U.S. earnings 'supercycle' will drive the stock market to new highs. This trend is fueled by significant investments from mega-cap companies and advancements in AI-driven technologies. Lipishina remarked, 'We have actually just raised our forecast for the S&P 500 index, and we believe earnings growth could reach 20% by 2026.'
During the current earnings season, the S&P 500 index has achieved its highest earnings growth in five years, with most of the growth still coming from large tech companies. Lipishina described the recent earnings growth performance as 'quite remarkable,' attributing much of it to the technology sector. The bank's upward revision of its earnings forecast reflects its confidence that earnings growth will exhibit greater durability compared to typical economic cycles. (Jin10)
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