[JPMorgan: Brent Crude Breaks $100, Stock Market Pullback is a Buying Opportunity] According to Deep Tide TechFlow, citing research from Tide Research, JPMorgan's September 14, 2026, report noted that Brent crude oil surpassed $100, reaching $107.6 on September 10. Coupled with rising bond yields, global stock markets have started to decline. JPMorgan believes this stock market pullback presents a buying opportunity for equities. Year-to-date, the MXWO index has risen 11%, while bond yields have increased by 65 basis points during the same period. The rise in yields has been driven by economic activity and earnings upgrades, with no increase in long-term inflation expectations. The 5y-5y forward inflation rate has not reacted to the rise in oil prices, term premiums are at a 10-year high, and wage growth is at its slowest in five years. JPMorgan believes that when the 10-year U.S. Treasury yield reaches around 5% to 5.5%, there is a risk of a reversal in the stock-bond correlation. Currently, the yield is approximately 4.83%, still some distance from that range. The bank maintains an overweight position in equities, a neutral position in bonds, and an underweight position in cash. Regionally, it favors emerging markets and the Eurozone, while sector-wise, it is overweight on materials, industrials, and consumer discretionary. JPMorgan recommends taking advantage of the oil price-driven stock market weakness to increase equity positions.