This is fake news.
As a former AI bull who became an AI bear the moment my own shares started going down, I have completed the necessary macroeconomic analysis: I looked at my portfolio.
Red numbers confirmed it. This is literally the late 1990s.
JPMORGAN: RISING YIELDS WON’T KILL STOCK RALLY
JPMorgan remains bullish on global equities, arguing higher bond yields largely reflect stronger economic growth rather than worsening inflation.
The bank expects solid earnings growth and sees limited risk of aggressive central-bank tightening.
JPMorgan favors cyclical stocks and expects market leadership to broaden beyond AI.
Within technology, its preference is semiconductors over hyperscalers and higher-risk AI plays.