Скачать или смотреть JP Morgan - 2026 Stock Market Outlook

AI & Innovation
The sources highlight that the AI ecosystem is broadening from innovators to enablers and adopters, transitioning from a speculative phase to a structural transition.
• #AI #ArtificialIntelligence #TechBoom #AIBubbleOrBoom #StructuralTransition #GenerativeAI #BigTech
Economic Drivers & Risks
2026 is projected to be a year of economic resilience characterized by a "K-shaped" expansion where high-end wealth supports growth while lower-income households feel the pressure of tariffs and inflation.
• #KShapedEconomy #EconomicOutlook2026 #Inflation #Tariffs #OBBBA #GDPGrowth #EconomicResilience
Federal Reserve & Interest Rates
The Federal Reserve is expected to follow a shallow easing path, with potentially two to three rate cuts through 2026 as officials balance the risks of inflation and employment.
• #TheFed #InterestRates #MonetaryPolicy #RateCuts #YieldCurve #FixedIncome #BondMarket
Global Market Dynamics
The earnings growth gap between the U.S. and the rest of the world is narrowing as structural changes overseas, such as shareholder-friendly policies in Japan and Korea, begin to bear fruit.
• #InternationalEquities #EmergingMarkets #GlobalInvesting #ShareholderReturns #JapanMarkets #Eurozone
Portfolio Strategy & Alternatives
Investors are encouraged to get "onsides" by rebalancing portfolios to include alternative assets like private equity and infrastructure, which provide diversification in a volatile market.
• #Diversification #PortfolioConstruction #AlternativeInvestments #PrivateEquity #ActiveManagement #GetOnsides
To understand these complex market shifts, think of portfolio construction like navigating a ship: while the surface water (the baseline forecast) might look calm, an experienced captain must constantly adjust the sails (active management) and look beneath the waves for hidden currents (structural themes) to ensure they stay on course and don't end up "offsides."