JPMorgan doubles down on stock market, S&P 500
JPMorgan’s head of global markets strategy Dubravko Lakos-Bujas published the bank’s mid-year outlook on June 24 with an admission buried near the top. The firm had been “much too cautious” on earnings coming into 2026. The scale of upward revisions the market delivered, he wrote, has no modern precedent outside of post-recession or post-shock environments. […]
