JPMorgan Says Equities at All-Time Highs 'Make Sense'

The start of this year, we identified three defining forces, which were global fragmentation, artificial intelligence and also inflation. And not only do we think that they have proven prescient, but also that recent events, as you highlight, really have just added urgency to that call. Whether it be events in the Middle East where even if we do go down this path of a resolution, I think oil prices are going to remain with that risk premium over the next 12 months.But we also have artificial intelligence, n ...