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PANews, December 23 – According to Nikkei News, the Japanese government plans to submit a bill in 2026 to promote the digital securitization of local government bonds using blockchain technology. This initiative aims to enable the rapid, intermediary-free issuance and settlement of bonds, as well as real-time access to investor information. The plan may include using regional bank-issued stablecoins to pay interest and granting investors the right to use local facilities, thus balancing financial, special, and social returns. This could open a new, low-cost path for local financing.

Jinse Finance reported that JPMorgan released its "2026 U.S. Stock Market Outlook," highlighting that the investment focus in 2026 will revolve around several core themes, including long-term growth driven by artificial intelligence (AI) and data center expansion, tailwinds from infrastructure construction and electrification, as well as the ongoing trend of companies pursuing high-quality growth and operational resilience. The report suggests that investors should pay particular attention to companies with strong pricing power, long-term growth momentum, robust balance sheets, and those able to benefit from structural trends such as data center expansion and infrastructure investment. The bank forecasts a year-end 2026 S&P 500 Index target of 7,500 points, and expects earnings to maintain above-trend growth for at least the next two years (with earnings per share projected at $315 for 2026 and $355 for 2027, compared to market consensus of $309 and $352, respectively). This outlook is based on assumptions from JPMorgan's economics department that the Federal Reserve will cut rates two more times before entering a prolonged policy pause. However, if inflation conditions improve and lead to further rate cuts by the Fed, the S&P 500 Index could break through 8,000 points.

JPMorgan has released its "2026 US Stock Market Outlook," predicting a target of 7,500 points for the S&P 500 Index by the end of 2026. The bank also expects earnings to exceed trend growth for at least the next two years, with projected earnings per share of $315 in 2026 and $355 in 2027. The report highlights investment focuses such as artificial intelligence and data center expansion, infrastructure construction, and electrification as long-term growth trends. JPMorgan assumes that the Federal Reserve will cut interest rates two more times and then enter a prolonged policy pause. If inflation improves and leads to further rate cuts, the S&P 500 Index could surpass 8,000 points.