J.P. Morgan Private Bank's Grace Peters Remains Bullish on Equities

Grace Peters from J.P. Morgan Private Bank has expressed continued optimism about equities, highlighting a 12% rise in capital expenditure beyond investments in artificial intelligence. According to NS3.AI, Peters advised investors to ready their portfolios for potential inflation and market volatility. Additionally, she noted that approximately 20% of client portfolios are held in cash or short-term securities with maturities under 12 months.