Bitcoin Beats Every Stock and Bond per JPMorgan’s 10-Year Forecast

J.P. Morgan Asset Management included bitcoin in its 2027 Long-Term Capital Market Assumptions for the first time, assigning a roughly 10% annual return estimate over a 10-15 year horizon. That projection tops every stock, bond and gold forecast in the firm's table. A major Wall Street asset manager formally modeling bitcoin returns lends institutional credibility and could support allocation narratives, though the story is a forecast rather than a flow or policy event.