JPMorgan Chase & Co released a report this week that the S & P; is likely to rise further as global supply chain problems improve, capital states learned on November 18.

JPMorgan Chase & Co expects the S & P 500 to rise 6 per cent to 5000 points by the first half of 2022.

JPMorgan Chase & Co remains bullish on the stock market as the corporate earnings season performs better and fears about inflation abate. "as global supply chain pressures and labour shortages ease, companies will continue to achieve revenue growth and record profit margins, which will help push up the market index."

"although it is expected that 100 S & P 500 companies will still be affected by supply constraints by 2022, only a few companies are expected to suffer permanent demand disruption," JPMorgan Chase & Co said. "

In addition, Goldman Sachs Group raised his target for the S & P 500 this week, which is expected to rise to 5100 by the end of 2022. Goldman Sachs Group said, "Corporate earnings will grow and boost share prices." The bull market in the stock market will continue. "

As of Nov. 17, local time, the S & P 500 was down 12.23 points, or 0.26%, at 4688.67. The s & p 500 is up 24.83% since the start of the year.