The sky is falling!! Oh, wait a minute. No, it’s fine. We’re okay now.
That seems to be the call of JP Morgan.
After ramping up the fear of impending doom, they’ve shifted down a few gears.
You see, JPMorgan cut its US recession forecast to 40% range.
This comes after a 90-day tariff truce with China.
That’s down from a prior 60% chance.
They now see 0.6% growth in 2025, up from 0.2%.
Also, they expect inflation to ease up as well.
Trending: Fetterman Showing ‘Warning Signs,’ Dems Might Step In: Explosive Reports
ADVERTISEMENT .hide-on-mobile {display: block !important;}@media (max-width: 700px) {.show-on-mobile {display: block !important;} .hide-on-mobile {display: none !important;} }
I thought all was lost? I thought doom & gloom was guaranteed now that President Trump is in charge?
JP Morgan has called
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!