“JPMorgan Chase & Co. concludes that the odds of an economic recession in financial markets have fallen sharply from the highs reached in 2022“, says Bloomberg in an analysis article published this weekend.
Giving details, Bloomberg adds that The firm’s trading model suggests seven out of nine asset classes, from high-grade bonds to European stocks, now show less than a 50% chance of recession.
The news also cites the sharp reduction in the odds of an economic contraction since October, when it was considered a given in all markets.
Additional comments
- Investors return to riskier assets as hopes of a soft landing rise.
- The S&P 500 continues to assign 73% to expectations of a recession, up from 98% in October.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
