June 9th, according to Bloomberg, Jack Caffrey from JPMorgan Asset Management stated that although some signals indicate that the U.S. stock market may have already overextended, the U.S. stock market still has room to rise further supported by corporate earnings growth.

Caffrey believes that even after several years into the economic expansion cycle, corporate profits are expected to grow by 22% or more in 2026. He pointed out that last year, corporate earnings growth was in the mid-double digits, and 2027 could maintain a similar level of growth. #Gate直通IPO认购SpaceX