JP Morgan strategists led by Mislav Matejka say investors should use market pullbacks to add exposure, citing a strong corporate earnings outlook. They acknowledge rising global bond yields and elevated inflation concerns but still expect the equity rally to continue. Improving earnings revisions mean downturns compress P/E ratios and make equities cheaper. The macro backdrop is supportive, with US and eurozone manufacturing near four‑year highs. The team judges modest central‑bank tightening un

JP Morgan strategists led by Mislav Matejka say investors should use market pullbacks to add exposure, citing a strong corporate earnings outlook. They acknowledge rising global bond yields and elevated inflation concerns but still expect the equity rally to continue. Improving earnings revisions mean downturns compress P/E ratios and make equities cheaper. The macro backdrop is supportive, with US and eurozone manufacturing near four‑year highs. The team judges modest central‑bank tightening unlikely to derail equities unless inflation expectations shift materially. Matejka correctly flagged the potential for fresh highs in June.