JPMorgan said the probability of a recession digested by stocks closely related to the U.S. economy has soared to nearly 80%. Meanwhile, while financial pressures may intensify, credit product investors remain optimistic. According to JPMorgan’s market-based recession indicator dashboard, the Russell 2000 index, which has suffered a hard time in its recent sell-off, currently reflects a 79% chance of a recession. Other asset classes are also warnings: the S&P 500 index shows a 62% chance of a recession, a 68% chance of a base metal, and a 54% chance of a 5-year U.S. Treasury. By comparison, the probability of an economic recession digested by the investment-grade credit market is only 25%, compared with zero in November last year.
JPMorgan Chase: The probability of a recession in the United States is close to 80%
加密先锋
04-09 06:43
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