JPMorgan has published a long-term forecast predicting the NASDAQ index will outperform the S&P 500 over the next fifteen years. The prediction is based on current economic uncertainties and their impact on market sentiment. The report suggests that factors such as ongoing US policy concerns and decreasing consumer confidence are contributing to this outlook. JPMorgan’s analysis underscores that a shift in economic trends could lead to broader gains beyond traditionally dominant large-cap stocks, potentially leading to shifts in investor portfolios towards technology-focused indexes like the NASDAQ. This could drive market strategies toward more innovative industries, offering opportunities for higher returns.