JPMorgan Chase: The probability of a US economic recession is close to 80%

According to BlockBeats, on April 9th, JPMorgan Chase announced that the probability of an economic recession in stocks closely related to the US economy has skyrocketed to nearly 80%. At the same time, although financial pressure may intensify, credit product investors remain optimistic. According to J.P. Morgan's market-based recession indicator dashboard, the Russell 2000 index, which has been hit hard in the recent sell-off, currently reflects a 79% likelihood of an economic recession. Other asset classes are also issuing warnings: the S&P 500 index shows a 62% probability of an economic recession, base metals show a 68% probability, and 5-year US Treasury bonds correspond to a 54% probability. In contrast, the probability of economic recession digested by the investment grade credit market is only 25%, which was zero in November last year. (Golden Ten)