JPMorgan Chase: U.S. stocks still have room for further gains

Mars Finance News, June 9 — According to Bloomberg, Jack Caffrey from JPMorgan Asset Management stated that although some signals suggest 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 the U.S. economy has entered several years of expansion, corporate profits are still expected to grow by 22% or more in 2026. He pointed out that last year, corporate earnings growth was in the mid-teens, and 2027 may also see similar growth.
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