The risks of a recession in the U.S. and global economies have soared to 60% from 40% with the announcement this week of the Trump administration’s sweeping new tariff regime, according to Wall Street banking giant JPMorgan.
Archived version: https://archive.is/newest/https://www.tradingview.com/news/DJN_DN20250403012985:0-jpmorgan-raises-risk-of-u-s-global-recession-to-60/
Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.
Do you remember last time he was in office China did
I mean when will we declare we’re in a recession? Do I need to be actively being fucked in the ass by a capitalist while I sell him my -42% 401k profile in return for a loaf of bread? Because I think we’re basically there.
Do they mean the risk of one happening soon or of one happening at all?
Because if it’s the latter, anyone who knows just a little about how the US macroeconomy works knows that it’s 100%. It’s simply a part of the vicious cycle of under-regulated capitalism.
That being said, there’s little to no doubt that the kakistocracy is going to make the next one arrive sooner and be MUCH worse than they usually are.
I believe all these predictions are for the 2025 calendar year. While the article doesn’t explicitly state, they do mention forecasts for 2025, so I think it’s safe to say they think the odds of the US will be in a recession by the end of the year is at 60%.
JP Morgan: “Derrrrrp”
