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JPM Model: Russell 2000 Index Shows ~80% Chance of US Recession
JPMorgan's recession indicator shows that the Russell 2000 Index, which is closely related to the US economy, now reflects a 79% probability of a recession in the US, while a m...
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JPM Model: Russell 2000 Index Shows ~80% Chance of US Recession
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JPMorgan's recession indicator shows that the Russell 2000 Index, which is closely related to the US economy, now reflects a 79% probability of a recession in the US, while a moderate recession scenario is nearly 100% priced in, according to foreign media.

Other asset classes also sent warnings, JPMorgan added. The S&P 500 indicates a 62% chance of a recession, while base metals show a 68% chance and 5-year US treasuries correspond to a 54% chance.

Related NewsAPI Crude Oil Stock Change for May/02 in United States is -4.49M, lower than the previous value of 3.76M. The forecast was -2.5M.

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