JPMorgan optimistic about global stock markets: Iran conflict creates a good opportunity to buy the dip
①JPMorgan is optimistic about the prospects of the global stock market, viewing the sell-off triggered by Middle East conflicts as a buying opportunity; ②the firm's analysis indicates that there is currently no urgency for central banks worldwide to raise interest rates, with wage growth and policy rates both aligning with historical norms. ③Additionally, corporate earnings growth will provide support for stock prices.
Risk appetite reversed following tariff rulings, with emerging market ETFs attracting $430 million in a single day, setting a new record for inflows.
Last Friday, following the U.S. Supreme Court's rejection of President Trump's global tariff policy, a surge in inflows was observed in one of the largest actively managed emerging market equity exchange-traded funds (ETFs).
Caitong Haitong: Hawkish Wash Trade Completed, Stock Market Volatility Rises
Last week, gains in emerging markets narrowed while developed markets remained flat. Trump's nomination of Kevin Warsh as a Federal Reserve chair candidate triggered 'hawkish' trading, leading to declines in safe-haven assets and non-ferrous metals.