Report published August 27, 2026
J.P. Morgan International Market Intelligence: AI Hardware, Global Equities & EM Strategy (August 27, 2026)
Source and citation context
- Issuer
- J.P. Morgan
- Report date
- August 27, 2026
- Analysis as of
- Not stated in source
Authors / editors: Andrew Tyler, Federico Manicardi, Ellen Wang, Victoria Campos, John Schlegel
Finvaulta summarizes J.P. Morgan's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
J.P. Morgan remains bullish on Global Equities, preferring the US and Asia (Japan, South Korea, Taiwan) over Europe, with AI hardware and tech bottlenecks benefiting from strong earnings guidance. Emerging markets are also favored tactically via China H-shares, China Internet, and Taiwan, while positioning and momentum rotations require tactical option hedging.
Key Takeaways
- 1.Nvidia's earnings are lifting the AI hardware supply chain, but broader tech is experiencing dispersion, creating opportunities to buy bottleneck beneficiaries after recent pullbacks.
- 2.JPMorgan remains bullish on Global Equities with relative preferences for the US and Asia (Japan, South Korea, Taiwan) over Europe, driven by resilient above-trend economic growth.
- 3.In Emerging Markets, momentum is bullish following a 7% rebound from July lows; tactical long positions are favored in China H-shares (over A-shares), China Internet (KWEB), and Taiwan.
Table of Contents
- 20 SECONDS
- Seaborne Crude
- Employment Index in Canaries Sample by AI Exposure
- CATALYSTS:
- IDEAS & INSIGHTS – IN BRIEF
- IDEAS & INSIGHTS – IN DETAIL
- LONGS
- SHORTS
- EMERGING MARKETS MONETIZATION
- POSITIONING INTELLIGENCE
- J.P. Morgan Global Market Intelligence Contacts
Report data
Performance (largest ETF) and Total Flows (as % AUM)
| Metric | Estimate | Context |
|---|---|---|
| NVDA Expected Revenue Growth | 70% | Market responded favorably to expected 2028 revenue growth from NVDA's results. |
| Projected Global Job Growth | 0.9% | Forecasted global job growth settling 0.5 percentage points below past decade pace. |
| US Core PCE Deflator (m/m) | 0.25% | July core PCE deflator rose 0.25% m/m (3.3% oya), matching consensus. |
| Hedge Fund All Strategy Returns MTD | 0.8% | Hedge fund all strategy returns tracking +0.8% MTD after pulling back from >2% earlier in the week. |
| EM Equities Rebound Since July Low | 7% | EM equities rebounded 7% driven by momentum and global tech recovery. |
Reports in this series
International Market Intelligence Morning Briefing is shown in chronological order through this edition, published on August 27, 2026.
Part of the International Market Intelligence Morning Briefing series — view all 29 editions
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Authors / Editors
Reported Data Context
- NVDA Expected Revenue Growth: 70 % (2028)
- Projected Global Job Growth: 0.9 % (Forecast) · Source: J.P. Morgan
- US Core PCE Deflator (m/m): 0.25 % (July) · Source: BEA
- Hedge Fund All Strategy Returns MTD: 0.8 % (August MTD) · Source: J.P. Morgan Prime Brokerage
- EM Equities Rebound Since July Low: 7 % (Since July-end)