Equities Can Withstand Higher Bond Yields As Earnings Stay Firm, Says JPMorgan: Report
JPMorgan strategists expect the recent pressure from higher borrowing costs to fade as earnings remain firm and bond yields retreat from their recent highs, according to Barron’s JPMorgan’s Mislav Matejka said the recent hit to equities from higher bond yields should not persist. The firm expects companies to continue meeting elevated earnings expectations while inflation … Read more