60% chance of a recession by 2020 - 80% by 2021 - New JP Morgan report - GoFuckYourself.com

Bladewire · 10-18-2018, 10:17 AM

"The U.S. economy has a greater than 50-50 chance of tipping into a recession in the next two years, according to a model tracked by JPMorgan Chase & Co.

The probability of a U.S. recession within one year is almost 28 percent, and rises to more than 60 percent over the next two years, researchers wrote in a note this week. Over the next three years, the odds are higher than 80 percent, according to the note."

U.S. Recession Chances in Next Two Years Top 60%, JPMorgan Says

JPMorgan’s model includes indicators ranging from consumer and business sentiment to prime-age male labor participation, compensation growth, and durables and structures as a share of gross domestic product. The bank’s gauge is more pessimistic than a recession tracker maintained by the Federal Reserve Bank of New York, which shows a 14.5 percent chance of a recession a year from now.

dyna mo · 10-18-2018, 10:20 AM

kane · 10-18-2018, 10:30 AM

It's bound to happen. The question is, how bad will it be? I have a feeling our newly increasing deficit will help make it worse.

pimpmaster9000 · 10-18-2018, 11:32 AM

It will be a great time to make $$$...

OneHungLo · 10-18-2018, 12:17 PM

In other news the sun will set today.

10-18-2018, 10:17 AM	#1
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,232	60% chance of a recession by 2020 - 80% by 2021 - New JP Morgan report "The U.S. economy has a greater than 50-50 chance of tipping into a recession in the next two years, according to a model tracked by JPMorgan Chase & Co. The probability of a U.S. recession within one year is almost 28 percent, and rises to more than 60 percent over the next two years, researchers wrote in a note this week. Over the next three years, the odds are higher than 80 percent, according to the note." U.S. Recession Chances in Next Two Years Top 60%, JPMorgan Says JPMorgan’s model includes indicators ranging from consumer and business sentiment to prime-age male labor participation, compensation growth, and durables and structures as a share of gross domestic product. The bank’s gauge is more pessimistic than a recession tracker maintained by the Federal Reserve Bank of New York, which shows a 14.5 percent chance of a recession a year from now.

10-18-2018, 11:32 AM	#4
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	It will be a great time to make $$$... __________________ Report a suspicious cracker: Click Here

10-18-2018, 12:17 PM	#5
OneHungLo Colonizer Industry Role: Join Date: May 2001 Location: Your mom's front hole Posts: 37,658	In other news the sun will set today. __________________ “Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. ― Calvin Coolidge

10-18-2018, 10:20 AM	#2
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 60,350

10-18-2018, 10:30 AM	#3
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	It's bound to happen. The question is, how bad will it be? I have a feeling our newly increasing deficit will help make it worse.