VIDEO: Recapping the June FOMC with a new Fed chair plus highlights from our 2026 Mid-Year Outlook

Good morning and welcome to our webinar to discuss the 2026 Amit Jao Look, as well as the June FOMC meeting overnight.

My name is Tai Hui.

I'm the Chief Market Strategist for Ancient Pacific at JP Morgan Asset Management.

And for today's agenda, it's quite jam-packed.

First of all, I do want to go through The FOMC meeting last night is quite exciting in two ways.

One, obviously, we do have a very different inflation environment, and you see that through the latest summary of economic projections.

And of course, it's the inflation.

Kevin Walsh's first meeting.

And there's quite a few takeaways, although policy remains unchanged.

But I think there could be some important changes coming through between now and the end of the year.

And of course, in the next couple of years, as a new Fed chair, take over.

And then for the second half of this presentation, we'll share some of the highlights from our 2026 Mid-Year Outlook.

In the spirit of the World Cup, hopefully some of you may have caught the football games in the last few days.

titled the outlook as don't park the bus.

Don't be too defensive.

I know there's been lots of questions and concerns with regards to the situation in the Middle East, which hopefully is improving, with questions about the AI developments.

We've seen some fantastic returns.

A question now becomes have we hit the peak of these markets? And of course, with the Fed potentially looking to raise rates, investors can also be concerned.

But I think the important takeaway is that there are plenty of solutions to a lot of these issues.

And therefore, parking the bus being too defensive is really not the way to handle these uncertainties.

Good morning and welcome to our webinar to discuss the 2026 Amit Jao Look, as well as the June FOMC meeting overnight.

My name is Tai Hui.

I'm the Chief Market Strategist for Ancient Pacific at JP Morgan Asset Management.

And for today's agenda, it's quite jam-packed.

First of all, I do want to go through The FOMC meeting last night is quite exciting in two ways.

One, obviously, we do have a very different inflation environment, and you see that through the latest summary of economic projections.

And of course, it's the inflation.

Kevin Walsh's first meeting.

And there's quite a few takeaways, although policy remains unchanged.

But I think there could be some important changes coming through between now and the end of the year.

And of course, in the next couple of years, as a new Fed chair, take over.

And then for the second half of this presentation, we'll share some of the highlights from our 2026 Mid-Year Outlook.

In the spirit of the World Cup, hopefully some of you may have caught the football games in the last few days.

titled the outlook as don't park the bus.

Don't be too defensive.

I know there's been lots of questions and concerns with regards to the situation in the Middle East, which hopefully is improving, with questions about the AI developments.

We've seen some fantastic returns.

A question now becomes have we hit the peak of these markets? And of course, with the Fed potentially looking to raise rates, investors can also be concerned.

But I think the important takeaway is that there are plenty of solutions to a lot of these issues.

And therefore, parking the bus being too defensive is really not the way to handle these uncertainties.