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 ...