Các chuyên gia của JPMorgan cho rằng thị trường chứng khoán Mỹ đánh giá quá cao rủi ro tăng lãi suất

The Huoxing Finance report states that on May 26, according to analysts at JPMorgan, the market has currently overpriced the risk of potential central bank rate hikes, creating conditions for a rebound in stocks with the lowest volatility, such as consumer staples and utilities. Although investors are concerned that energy price shocks triggered by the Iran conflict could spark another wave of rate hikes, similar to the aftermath of Russia’s invasion of Ukraine in 2022, the JPMorgan team led by Mislav Matejka noted that the current macroeconomic environment differs significantly from that period. In a research report, the strategists pointed out that given all parties involved in the conflict are ultimately committed to finding an "exit strategy," bond yields and oil prices are expected to trend downward over the next 6 to 12 months. Additionally, they forecast that corporate earnings prospects will remain strong and believe stagflation is not the most likely macro scenario for the second half of the year. (Jin10)