Earnings season has kicked off, with the Magnificent Seven set to report over the next few weeks. What does the future hold for U.S. equities as they seek a rematch against internationals after underperforming recently?

Hear from John Schlegel, J.P. Morgan’s global head of Positioning Intelligence, and Drew Tyler, global head of Market Intelligence, as they dive into the evolving landscape for equities as 2026 kicks off with headline-driven volatility and robust earnings. Drew shares why his team remains tactically bullish, anchored by resilient macro data, positive earnings growth and easing trade tensions.

Tune in for insights on what’s driving markets.

This episode was recorded on January 26, 2026.

The podcast's views do not necessarily reflect those of J.P. Morgan Chase & Co or its affiliates (together “J.P. Morgan) and are not from J.P. Morgan’s Research Department. They do not constitute recommendations or offers to buy or sell securities. Intended for institutional and professional investors, not retail use, it is for informational purposes only. Products and services mentioned may not suit all investors or be available in all jurisdictions. J.P. Morgan may make markets and trade in discussed securities and asset classes. Visit www.jpmorgan.com/disclosures/salesandtradingdisclaimer for more disclaimers and regulatory disclosures. External speakers' opinions are personal and not J.P. Morgan's views.

Copyright 2026 JPMorgan Chase & Co. All rights reserved

Rally or retreat? What's next for US equities?

Making Sense