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JPMorgan Strategists See US Equities Extending Global Dominance

JPMorgan Chase & Co. strategists, led by Mislav Matejka, predict that U.S. equities will continue to outperform global markets, extending their dominance into 2024. They attribute this to the U.S. economy's resilience, with strong consumer spending, robust corporate earnings, and favorable monetary policies. Despite concerns about high valuations, the strategists argue that the U.S. market's growth potential, driven by technological innovation and a strong labor market, will keep it ahead of other regions. They also highlight that geopolitical risks and economic slowdowns in other parts of the world could further bolster the relative attractiveness of U.S. stocks. However, they caution that investors should remain vigilant for any signs of policy missteps or unexpected economic downturns that could disrupt this trend.

Read the Full Bloomberg L.P. Article at [ https://www.bloomberg.com/news/articles/2024-11-27/jpmorgan-strategists-see-us-equities-extending-global-dominance ]