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J.P. Morgan Asset Management: AI Boom Expected to Drive Further Gains in U.S. Stocks; High-Risk Assets Are a Good Bet for the Second Half of the Year
Svmuu News: The asset management division of JPMorgan Chase is urging investors to continue holding stocks and other high-risk assets in the second half of 2026. The firm said that despite persistent inflation and Federal Reserve’s decision to keep interest rates unchanged, the AI investment boom and consumer resilience will support the U.S. economy’s continued expansion.There is growing market concern that this year’s sharp rally in U.S. stocks has left the market vulnerable to a correction. The firm, which manages $4.3 trillion in assets, noted that economic growth momentum is strengthening as companies increase investment in AI infrastructure. Meanwhile, driven by the wealth effect resulting from rising stock and home prices, high-income consumers continue to spend.In its mid-2026 outlook, JPMorgan Asset Management stated that bonds are once again becoming attractive due to persistently high yields, and that emerging markets are becoming increasingly integrated with Asia’s chip supply chains. To achieve investment diversification, the firm recommends that investors select defensive assets such as real estate, infrastructure, and transportation, while also directing their attention to the European and Japanese markets.(Jin Shi)
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