[JPMorgan: U.S. Stocks Still Have Room for Further Upside] BlockBeats News, June 9, according to Bloomberg, Jack Caffrey from JPMorgan Asset Management stated that although some signals suggest U.S. stocks may have risen excessively, supported by corporate earnings growth, the U.S. stock market still has room for further upside. Caffrey believes that even though the U.S. economy has been in the expansion phase for several years, corporate profits are expected to grow by 22% or more by 2026. He noted that last year, corporate earnings growth was in the mid-single-digit range, and similar growth could be maintained in 2027. [Original Link]