PremiumJPMorgan's Trading Desk Starts 2026 Tactically Bullish: Here's Why, And Its 4 Favorite Trades
While most other bank strategists lost their minds, and flip-flopped (and then flipped again) from bullish to bearish and then again bullish again throughout 2025 always after the fact, and cost their clients substantial alpha as they reacted to events instead of predicting what will happen, one trading desk that was once (again) surprisingly accurate in its market calls, was JPMorgan's Market Intel team, which for the 3rd year in a row was stubbornly bullish and right, turning bearish (correctly) just once ahead of the Liberation Day meltdown, then flipping bullish again as the market bottomed.
Which is why we were not surprised to read that, in its first note of 2025, the JPM Market Intel team led by Andrew Tyler announced that it is yet again Tactically Bullish, even as it lays out both the bullish and bearish cases.