According to the new analysis by JP Morgan, the SP500 will reach $7,500 by the end of 2026.
This would be very positive for bitcoin, crypto, and the rest of the markets.
In this analysis, they also answer the question "Are stocks too expensive?"
This is JP Morgan's response:
"First, companies are making a lot of money. They have been growing over 10% in profits for an entire year. Moreover, these earnings are the primary drivers of the increases in the U.S. market compared to other global markets.
And all of this is happening in a complicated environment: interest rates above 4% for three years, consumers spending less, less government aid, and few factors driving the economy.
Despite everything, the benefits hold up. This, along with the fact that indices increasingly contain more technology and growth companies instead of traditional companies, justifies that prices are higher than normal.
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According to the new analysis by JP Morgan, the SP500 will reach $7,500 by the end of 2026.
This would be very positive for bitcoin, crypto, and the rest of the markets.
In this analysis, they also answer the question "Are stocks too expensive?"
This is JP Morgan's response:
"First, companies are making a lot of money. They have been growing over 10% in profits for an entire year. Moreover, these earnings are the primary drivers of the increases in the U.S. market compared to other global markets.
And all of this is happening in a complicated environment: interest rates above 4% for three years, consumers spending less, less government aid, and few factors driving the economy.
Despite everything, the benefits hold up. This, along with the fact that indices increasingly contain more technology and growth companies instead of traditional companies, justifies that prices are higher than normal.