Investors flee risk assets as JPMorgan raises recession odds to 40%
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According to the news from Mars Finance, the economists at the Wall Street investment bank JPMorgan Chase have raised the risk of economic recession this year from the initial 30% at the beginning of 2025 to 40%. The Wall Street Journal reported that the analysts wrote: "Due to the extreme policies in the United States, we believe the risk of the US falling into a recession this year is high." Previously, Morgan Stanley economists had revised down their economic growth forecast and raised their inflation forecast last week. The bank predicts that the GDP growth rate in 2025 will be only 1.5%, and it will drop to 1.2% in 2026. Goldman Sachs economists have also raised the probability of a 12-month economic recession from 15% to 20%.
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