JPMorgan, at Odds With Goldman, Sees Solid Run Ahead for Stocks

What You Need To Know

• The bank's analysts expect large-cap equities to return an annualized 6.7% over the next 10-15 years.
• Still, their estimate for S&P 500 performance trails the long-term average of an annualized 11% from 1957 to 2023.
• Part of the JPMorgan team's optimism is tied to the view that AI will pay off by delivering higher revenue growth and fatten profit margins.