JPMorgan estimates the S&P 500’s fair value at around 5400, implying the index is about 6% overvalued.
However, the bank views this premium as modest and likely to be offset by earnings growth and strong U.S. liquidity trends.
Using a 4.8% discount rate—just below the 10-year average—JPMorgan says valuations are slightly elevated but not alarming. The bank cautions against relying on headline P/E ratios, urging investors to consider where the market sits in the earnings cycle.
Looking ahead, the April 2 tariff announcement remains a key risk, though JPMorgan notes recent investor flows suggest expectations for a benign outcome. Despite valuation concerns, the bank believes accelerating money supply and corporate earnings could continue to support equities through 2025.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about jpmorgan sees limited downside for s p 500 despite modest overvaluation fair value 5400 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( JPMorgan sees limited downside for S&P 500 despite modest overvaluation - fair value 5400 )
Also on site :
- Several Denver-area gas stations pumped contaminated fuel this week, King Soopers warns
- Diesel was mistakenly distributed instead of regular unleaded at many Colorado gas pumps
- Man police shot in Brooklyn hospital was former NYPD officer, police said