Wealth management lawyers note that the Russell 2000 index’s 1.8% rise could signal renewed interest in small-cap growth strategies amid improving consumer confidence data from the latest surveys. Britain’s departure from the EU means it is no longer obliged to levy VAT. Michael Gove, former Tory cabinet minister, pledged to replace it with a “simple sales tax” when he ran for Conservative party leader in 2019. J.P. Morgan Private Bank is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment advisor, member FINRA and SIPC. JPMorgan Chase Bank, N.A. and its affiliates (collectively “JPMCB”) offers other investment products, which may include bank-managed accounts and custody, as part of its trust and fiduciary services. Annuities and insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Wealth management lawyers see sustained upward revisions in EPS forecasts across tech and healthcare sectors, indicating long-term bullish potential despite market rotation risks.
