JPMorgan Chase Says US Markets Climbing ‘Wall of Worry’ To New All-Time Highs – With Key Sector Getting Second Wind

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The largest bank in the US believes the S&P 500 will soar to fresh record highs despite uncertain market conditions. In the bank’s mid-year outlook, JPMorgan says investors should brace for volatility and choppy trading conditions as the firm expects Trump’s tariff policy to pressure economic growth and corporate profits. But JPMorgan notes that Trump’s tariff won’t be enough to reverse the stock market’s long-term bull market. According to the banking titan, the White House is working behind th...