Equities are back to all-time highs — what’s next?

About this episode

Eloise Goulder discusses the rebound in global equities with Andrew Tyler and Federico Manicardi, focusing on market fundamentals and key risks.

In this episode, Eloise Goulder speaks with Andrew Tyler, head of Global Market Intelligence, and Federico Manicardi, head of International Market Intelligence at J.P. Morgan. They discuss the sharp rebound in global equities, as attention shifts from geopolitical shocks back to macro and earnings fundamentals. They also explore sector and regional leadership (including U.S. tech and financials, and opportunities across Asia and EM), as well as key risks to watch — such as a renewed escalation in Middle East tensions and inflationary concerns stemming from energy shocks and supply chain disruptions. This episode was recorded on April 20, 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…

People in this episode

Host: Eloise Goulder

Guests: Andrew Tyler, Federico Manicardi

Topics covered

• global equities
• market intelligence
• sector leadership
• regional opportunities
• geopolitical risks
• inflation concerns

Keywords

• equities
• market intelligence
• geopolitical risks
• inflation
• sector leadership
• U.S. tech
• financials
• Asia
• EM

Mentioned in this episode

Organizations: J.P. Morgan

Places: U.S., Asia, EM

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