Analysts at J.P. Morgan Chase said that although high inflation and soaring US bond yields pose risks to US stocks, the upward momentum of corporate profit growth can still drive the stock market stronger. Xiaomo believes that if inflation expectations remain unanchored, it will be difficult for adverse factors to change the positive pattern of US stocks; if a steady macro outlook continues to be confirmed, it will support a further upward trend in the stock market.

Analysts at J.P. Morgan Chase said that although high inflation and soaring US bond yields pose risks to US stocks, the upward momentum of corporate profit growth can still drive the stock market stronger. Xiaomo believes that if inflation expectations remain unanchored, it will be difficult for adverse factors to change the positive pattern of US stocks; if a steady macro outlook continues to be confirmed, it will support a further upward trend in the stock market.