#JPMorgan #volatility

🚀 JPMorgan's Mid-Year Outlook: S&P 500 to Hit New Highs Despite Volatility! 📈

JPMorgan predicts choppy markets due to Trump's tariff policies, which could pressure economic growth & corporate profits. But the bank remains bullish, expecting investor-friendly policies like lower interest rates, cheaper energy, & less regulation to fuel the S&P 500's long-term bull run. 🐂

💻Tech stocks are set to lead the charge, with strong earnings, attractive valuations, & AI innovation driving a “second wind.” The Magnificent 7 trade at 26x forward P/E but are at their lowest relative valuations in a decade. Plus, semiconductors dodge tariffs for now!

⚠️ CEO Jamie Dimon warns of "extraordinary optimism" after the S&P's 22% rally, noting risks of inflation, stagflation, & global backlash from tariffs. Buckle up for a wild ride, but the bank sees new highs by mid-2025! 📊