J.P. Morgan strategists expect that the company's strong profits in the third quarter will help the stock market recover from the recent decline; the strategist said that the sharp rise in treasury bond yields is nearing its end, and corporate profits will remain steady until 2027. The team, led by Mislav Mateka, predicts that the profit of S&P 500 constituent stocks will increase by 24% year on year, and that profits of European companies will increase by 19%. Profit performance will support the stock market for at least the next two earnings seasons. The strategist team believes that as bond yields stabilize, the stock market will rise before the end of the year; overall, they are optimistic about European stocks and emerging markets, have weak preferences for developed markets, and maintain a neutral view of US stocks.

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