JPMorgan strategist: Buy stocks as market weakens due to geopolitical tensions.

JPMorgan Chase strategist stated that long-term investors should take advantage of the stock market decline caused by geopolitics to buy on dips. They pointed out that even though short-term market volatility is expected to continue, the likelihood of the situation escalating is unlikely to be sustained. The team, led by Mislav Matejka, stated that historical data shows that the stock market is resilient to oil shocks, with the S&P 500 index achieving positive returns in 6-month and 12-month periods following previous surges in oil prices. The bank believes that the current macroeconomic environment is vastly different from 2022 and reiterated their recommendation to increase holdings of long-duration assets, regardless of how the conflict evolves.