JPMorgan issues positive outlook for Greek banks and US bonds

JPMorgan has maintained a positive outlook for the Greek banking sector through 2028, issuing an ‘Overweight’ recommendation for Alpha Bank, Eurobank, National Bank of Greece, and Piraeus Bank. The firm anticipates strong profitability, stable capital adequacy, and significant upside potential for these stocks, citing sustainable net interest income and controlled operating costs.

In the fixed-income market, Bob Michele, Head of Investments and Global Fixed Income at JPMorgan Asset Management, projects total returns of 7% to 8% for US bonds over the next 12 months. He identifies the greatest opportunities in longer-duration securities, suggesting investors can benefit from both rising prices and interest income as international capital shifts toward US government debt.

Global markets are currently experiencing volatility as investors await Federal Reserve decisions and upcoming earnings reports from major technology companies, including Microsoft, Alphabet, and Amazon, to gauge the long-term momentum of artificial intelligence investments.