35% Recession Probability In 2024: Insights from J.P. Morgan
Sunday, 25 August 2024, 03:59
Understanding the 35% Recession Probability in 2024
According to J.P. Morgan, the anticipated recession probability in 2024 has increased to 35%. This marks a rise from their previous midyear estimate of 25%, raising concerns among investors.
What Factors Contribute to the Increasing Risks?
- Global economic indicators suggest a turbulent environment.
- Cooling inflation may not be sufficient to offset growth risks.
- Market volatility adds another dimension to the recession outlook.
The financial landscape remains uncertain, with J.P. Morgan’s report emphasizing vigilance amid evolving economic conditions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.