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To: gubamyster

https://finance.yahoo.com/news/jpmorgan-strategists-stocks-imply-85-131822929.html

JPMorgan Strategists Say Stocks Imply 85% Chance of US Recession
(Bloomberg) — The S&P 500 now implies an 85% chance of a US recession amid fears of a policy error by the Federal Reserve, according to JPMorgan Chase & Co. strategists.

The warning from quant and derivatives strategists is based on the average 26% decline for the S&P 500 during the past 11 recessions and follows the US benchmark’s collapse into a bear market amid concerns about surging inflation and aggressive interest rate hikes.


3,202 posted on 06/16/2022 10:21:08 AM PDT by jennychase ( )
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To: jennychase
,I>JPMorgan Strategists Say Stocks Imply 85% Chance of US Recession

Wasn't it around 71% just yesterday? At this rate, by Monday we will be in a recession & by Tuesday a depression.

3,206 posted on 06/16/2022 10:34:03 AM PDT by gubamyster
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