US Stocks Catch Up as Earnings Results Exceed Expectations
The U.S. economy has delivered exceptional earnings results, prompting J.P. Morgan Private Bank to note that stocks are playing catch-up.
The bank's observations come as investors await more data on corporate profits, with many expecting a strong showing in the second quarter.
JPMorgan Chase & Co.'s private banking arm cautions that any views or strategies discussed may not be suitable for all individuals and are subject to risks, including the possibility of getting back less than invested.