[JPMorgan Chase maintains a bullish view on the stock market: oil price and interest rate shocks are temporary phenomena and recommends overweighting euro zone and emerging market stocks] On September 21, JPMorgan Chase’s global strategists said that strong profit margins, expanding earnings growth, and solid corporate balance sheets will support the stock market to continue to rise before the end of the year. The team led by Mislav Matejka wrote in a research report released on Monday that the recent stock market correction caused by Brent crude oil exceeding $100 and higher bond yields are unlikely to interrupt the current upward trend. Strategists said that JPMorgan Chase recommends overweighting euro zone and emerging market stocks; the industry allocation is bullish on the mining, capital goods and semiconductor sectors, and bearish on the media and software sectors. Technology stocks will be difficult to lead the market in the second half of the year. They predict that by December, the MSCI Eurozone Index will reach 420 points, with a potential increase of 9%; the European Stoxx 50 Index targets 6800 points, the MSCI European Index 2750 points, and the Stoxx 600 Index 680 points. Strategists expect short-term market volatility to continue, but believe that the market's risk-off callback is a buying opportunity; corporate profit margins are still close to historical highs, and the driving force for profit growth is no longer limited to the field of artificial intelligence.