JPMorgan: AI boom to fuel stock market rally

JPMorgan Chase's asset management division advises investors to maintain exposure to stocks and other riskier assets for the latter half of 2026. The firm anticipates that a significant boom in artificial intelligence investments, coupled with robust consumer spending, will sustain economic expansion. This optimistic outlook persists despite ongoing inflationary pressures and the Federal Reserve's current stance on interest rates. The AI sector's growth is seen as a primary catalyst for continued market performance, potentially offsetting macroeconomic headwinds and supporting a broader stock market rally.