JPMorgan Chase: U.S. equity underperformance to persist throughout 2025 say JPM

J.P.Morgan see 2025's big equities market shift - out of U.S. large caps and into value names elsewhere - as having plenty of room to run, and expect European and Chinese stocks to outperform this year. "We believe, these rotations have been fundamental in nature and reflect the underlying changes in the profit landscape." Looking ...