JPMorgan CEO estimates 65% chance of a recession
Between the COVID-19 stimulus programs that saw the printing of approximately 20% of all dollars ever created, the still-high inflation and matching interest rates, and the stock market nonetheless riding relatively high, 2023 was marked by concerns about a possible recession or stagflation, and questions if the U.S. economy will achieve the much-discussed soft landing. Such worries were largely eliminated by the start of 2024 as a euphoria, driven by a massive crypto market rally and a similar stock market surge that led to both the S&P 500 and the Dow Jones Industrial Average (DJIA) indices riding close to record highs, set in. Still, there remains a list of both vocal and moderate bears who still foresee possible trouble on the horizon. Picks for you 3 cryptocurrencies to turn $10 into $1,000 in March 2 hours ago AI predicts SHIB price for end of 2024 3 hours ago Render (RNDR) the Nvidia of crypto adds $2 billion in a week 18 hours ago Sell s...