J.P. Morgan – 2025 Mid-Year Outlook: Comfortably Uncomfortable

The main theme of the report is the analysis of market uncertainty and providing recommendations to investors on managing risks and opportunities in unstable conditions.

Key findings include expectations of global economic easing in the short term, increased recession risks, but also confidence in economic resilience due to fiscal support programs. The report emphasizes the importance of creating resilient portfolios capable of withstanding various risk scenarios. Issues addressed in the report include the impact of U.S. policy, portfolio resilience to rising risks, U.S. dollar trends, and the development of artificial intelligence.