News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
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...
Reset
Send
The window will close in 5 seconds
JPM Model: Russell 2000 Index Shows ~80% Chance of US Recession
Close
Recommend
3
Positive
1
Negative
4
 
SHORT SELL
 
STOCK INFO

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 NewsContinuing Jobless Claims for Apr/12 in United States is 1,841K, lower than the previous value of 1,878K. The forecast was 1,880K.

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.