JPMorgan raises recession probability to 60% due to new American tariff policies.
From Nasdaq: 2025-04-10 06:15:00
President Trump announced new American tariff policies on over 180 countries, causing a $6 trillion market value wipeout in two days. JPMorgan raised recession probability to 60%, citing inflation and disrupted supply chains. Recessions are a natural part of the economic cycle, with the S&P 500 declining by 34% to 57% in past recessions. Despite the uncertainty, the stock market has always bounced back. Dollar-cost averaging is a recommended strategy for long-term investors. Analysts issue “Double Down” stock recommendations for potentially lucrative opportunities, citing past successes like Nvidia and Apple.
Read more at Nasdaq: JPMorgan Says a Recession Is Now Likely. Should You Wait It Out?