HomeBusinessJPMorgan raises odds of US recession by year end to 35%

JPMorgan raises odds of US recession by year end to 35%

By Peoplebugs

August 8, 2024

Published 13:54 IST, August 8th 2024

Fears of a US recession following a weaker-than-expected July jobs report and an unwinding of yen-funded carry trades sparked a sharp sell-off in global equities earlier this week.

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JPMorgan raises odds of US recession by year end to 35%

Fears of a US recession following a weaker-than-expected July jobs report and an unwinding of yen-funded carry trades sparked a sharp sell-off in global equities earlier this week.

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JPMorgan raises odds of US recession by year end to 35%

Fears of a US recession following a weaker-than-expected July jobs report and an unwinding of yen-funded carry trades sparked a sharp sell-off in global equities earlier this week.

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