Everything is falling into place for further gains in global stocks this year, according to JPMorgan Chase & Co strategists.
“Stay bullish -- positive catalysts are not exhausted,” strategists led by Mislav Matejka wrote in a note to clients on Tuesday. Downside risks -- including a hawkish turn by central banks, a slowdown in China’s economy, or more significant coronavirus restrictions -- will either fail to materialize or are already priced in to stocks, they said.
