New Delhi, May 3 -- Global equity markets may find support from resilient corporate earnings even as concerns around stagflation continue to weigh on investor sentiment, according to a recent report by JP Morgan.

The report pushes back against the widely held bearish narrative, noting that fears of a stagflationary environment are marked by slowing growth and tighter liquidity. may be overstated. It said, "The bearish equity market views revolve around stagflation narrative... We continue to disagree with both," highlighting a divergence between market sentiment and underlying fundamentals.

A key pillar of this constructive outlook is the continued upward revision in earnings projections. The report emphasised that "aggregate earnings p...