JPMorgan strategists: Buy stocks amid market weakness triggered by geopolitical tensions

They pointed out that even though short-term market volatility is expected to continue, the escalation of the situation is unlikely to last. The team led by Mislav Matejka stated that historical data show the stock market is resilient to oil shocks; after previous surges in crude oil prices, the S&P 500 Index achieved positive returns over both 6-month and 12-month periods. The bank believes the current macro environment is completely different from that of 2022 and reiterates its recommendation to increase holdings in long-duration assets, regardless of how the subsequent conflict develops.