{
  "docId": "019dd923-5e88-73ef-bd5a-963c27fc9ae9",
  "docSlug": "08ec36305927bfec",
  "documentTitle": "mi daily gtm us",
  "authorId": "JPMorgan",
  "authorName": "J.P. Morgan Asset Management",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.333,
  "pageNumber": 11,
  "pageCount": 71,
  "prevPage": 10,
  "nextPage": 12,
  "slideType": "data_table",
  "function": "analyze_data",
  "density": "overcrowded",
  "nDataPoints": 35,
  "notes": "Part of the J.P. Morgan Guide to the Markets series.",
  "elementsJson": [
    "headline_text",
    "bar_chart_vertical",
    "line_chart",
    "kpi_table",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5a-963c27fc9ae9/11",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5a-963c27fc9ae9",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5a-963c27fc9ae9.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5a-963c27fc9ae9#slide-11",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Value vs. growth P/E discount: Russell 1000 Value vs. Growth, next 12 months.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-2301-748f-9113-89d91251d7a9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.42,
        "x": 0.08,
        "y": 0.175
      },
      "kind": "chart",
      "text": "S&P 500 earnings growth by sector",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9d6d03a1-b294-4a44-9f4b-3384c18123eb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.42,
        "x": 0.53,
        "y": 0.175
      },
      "kind": "chart",
      "text": "Top 50 performing S&P 500 companies by sector",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b36010b6-4213-482b-8aef-25c00684b931",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.42,
        "x": 0.53,
        "y": 0.45
      },
      "kind": "chart",
      "text": "Value vs. growth P/E discount",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c2436a11-1cdb-4e11-a30b-f95e65fc8bda",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.8,
        "x": 0.08,
        "y": 0.9
      },
      "kind": "disclaimer",
      "text": "Source: FactSet, FTSE Russell, Standard & Poor's, J.P. Morgan Asset Management. Growth is represented by the Russell 1000 Growth Index and value is represented by the Russell 1000 Value Index. (Top right) Graph was made by ranking the S&P 500 constituents by total return. (Bottom right) Long-term averages are calculated monthly since December 1997. Past performance is no guarantee of future results. Guide to the Markets – U.S. Data are as of March 30, 2026.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "29476302-202f-4656-bf93-d8c7eb0937d5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "P/E discount: -31%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-2301-748f-9113-8fdaa68b8ac1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.15,
        "x": 0.67,
        "y": 0.68
      },
      "kind": "table",
      "text": "Style, Latest, Long-term avg. Value 16.1x 14.3x Growth 23.4x 21.5x",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b5180e57-eafc-499a-b566-6b027ebb0f76",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.6,
        "x": 0.08,
        "y": 0.08
      },
      "kind": "title",
      "text": "Value vs. growth: Earnings, performance and valuations",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c304895e-7d19-4ee0-9acf-18c548fdd37b",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 15,
      "from": 6,
      "beatId": "b532a998-d445-4b2e-bee3-266fed2cb2cc",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "What Is",
      "beatSlug": "sparkline-what-is-3",
      "evidence": "Detailed market data and trends",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [
    {
      "to": 15,
      "from": 10,
      "name": "Mece Breakdown",
      "slug": "40-mece-breakdown",
      "bestFor": "Problem structuring, ensuring completeness, strategic analysis",
      "matchId": "57c84068-e271-4269-bc66-64da5e6ea1bf",
      "evidence": "Data-driven analysis of market segments",
      "position": 0,
      "objective": "Break down market trends into actionable insights",
      "structure": "The Whole -> Category A (distinct) -> Category B (distinct) -> Category C (distinct) -> Complete Coverage",
      "confidence": 0.7,
      "description": "Divide a complex topic into mutually exclusive, collectively exhaustive categories"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}