JPMorgan: The probability of a U.S. economic recession is close to 80%
ChainCatcher news, according to Jinshi reports, JPMorgan stated that the probability of an economic recession reflected by stocks closely related to the U.S. economy has surged to nearly 80%.At the same time, despite potential increased funding pressure, credit product investors remain optimistic. According to JPMorgan's market-based economic recession indicator dashboard, the Russell 2000 index, which has been severely impacted in the recent sell-off, currently reflects a recession probability of 79%. Other asset classes are also issuing warnings: the S&P 500 index shows a recession probability of 62%, basic metals indicate a probability of 68%, and the 5-year U.S. Treasury bond corresponds to a probability of 54%. In contrast, the probability of an economic recession reflected by the investment-grade credit market is only 25%, while this probability was zero last November.