Subscribe To
JP Morgan sees a lower chance of a US recession
In October last year JPM analysts concluded a recession was basically a done deal. They have now dialled that well back, saying the chance of a recession has fallen sharply. A soft landing is now the most likely scenario.
JPMorgan’s trading model shows that seven of nine asset classes now show less than a 50% chance of a recession:
- U.S. high-grade credit
- U.S. high-yield credit
- Five-year treasuries
- European stock market index
- European Union... Read More
Posted: Jan 23 2023, 00:43
Author Name: forexlive
Views: 111523
