JPMorgan-Global Developed Markets Strategy Dashboard-110672532

1Global Equity Research7 October 2024J.P. Morgan Equity StrategyMislav Matejka (44-20) 7134-9741, mislav.matejka@jpmorgan.comPedro Martins Junior (55-11) 4950-4121, pedro.x.martins@jpmorgan.comDubravko Lakos-Bujas (1-212) 622-3601, dubravko.lakos-bujas@jpmorgan.comGlobal Developed Markets Strategy DashboardMislav Matejka, CFAAC(44-20) 7134-9741mislav.matejka@jpmorgan.comJ.P. Morgan Securities plcNitya Saldanha, CFA(44-20) 7742-9986nitya.saldanha@jpmorgan.comJ.P. Morgan Securities plcAnamil Kochar, CFA(91-22) 6157 5179anamil.kochar@jpmorgan.comJ.P. Morgan India Private LimitedPrabhav Bhadani, CFA(44-20) 7742-4404prabhav.bhadani@jpmorgan.comJ.P. Morgan Securities plcKarishma Manpuria, CFA(91-22) 6157 4115karishma.manpuria@jpmorgan.comJ.P. Morgan India Private LimitedTable of Contents Page #Markets and Global Sectors Performance 2Key Global Markets Performance 3Profit Outlook: Changes in 2024 and 2025 EPS Forecasts by Country/Region 4Changes in 2024 and 2025 EPS Forecasts by Sector 52024 EPS by Sector for US, UK, Japan and Eurozone 62025 EPS by Sector for US, UK, Japan and Eurozone 7+ve to -ve EPS Revisions by Country/Region 8EPS Growth by Sector for Key Regions 9Regional and Country Valuations 10Sector Valuations by Region 11Regional Valuations: 12 month Forward PE 12Price to Book 13Cycle-Adjusted PE 14Regional Dividend Yield Gap 15See page 16 for analyst certification and important disclosures, including non-US analyst disclosures.J.P. Morgan does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. Global Equity Research7 October 2024Global Equity StrategyPedro Martins Junior, CFAAC(55-11) 4950-4121pedro.x.martins@jpmorgan.comBanco J.P. Morgan S.A.EM Equity StrategyRajiv Batra(65) 6882-8151rajiv.j.batra@jpmorgan.comJ.P. Morgan Securities Singapore Private LimitedDubravko Lakos-BujasAC(1-212) 622-3601dubravko.lakos-bujas@jpmorgan.comJ.P. Morgan Securities LLCUS Equity Strategy2Global Equity Research7 October 2024J.P. Morgan Equity StrategyMislav Matejka (44-20) 7134-9741, mislav.matejka@jpmorgan.comPedro Martins Junior (55-11) 4950-4121, pedro.x.martins@jpmorgan.comDubravko Lakos-Bujas (1-212) 622-3601, dubravko.lakos-bujas@jpmorgan.comMarkets and Global Sectors Performance (%)MSCI World (DM)MSCI USMSCI EuropeMSCI Japan1 week12M1 week12M1 week12M1 week12MEnergy6.8%7.9%7.0%9.3%6.3%-3.4%7.4%37.5%Materials-1.7%18.8%-2.0%21.4%-1.5%17.2%-3.2%19.6%Industrials-0.4%32.7%0.5%36.6%-1.5%28.8%-2.1%32.1%Discretionary-1.9%21.7%-1.3%27.3%-3.8%7.6%-3.8%9.0%Staples-1.7%12.9%-1.6%20.0%-2.1%-0.4%-1.4%10.3%Health Care-1.1%16.8%-0.9%18.6%-1.8%11.0%-0.7%17.1%Financials0.5%35.4%1.1%41.2%-1.8%25.0%1.8%31.9%IT-0.1%46.8%0.1%48.7%-1.8%30.9%-3.5%27.4%Telecom1.6%37.2%2.2%40.7%-1.7%17.3%-3.0%16.7%Utilities-0.2%34.8%1.1%45.3%-3.