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Global Markets Brace for Uncertainty Amid Recession Warnings, Geopolitical Tensions
Stock Market Newsยท 2025-10-09 02:38
Key TakeawaysJamie Dimon, CEO of JPMorgan Chase (JPM), has issued a fresh warning that a U.S. recession could hit in 2026, despite recent GDP growth, urging caution amidst ongoing government shutdowns and geopolitical factors.Geopolitical flashpoints are intensifying, with Taiwan reporting increased 'grey zone' attacks and hybrid warfare tactics from China, while former President Donald Trump is actively pursuing peace deals for the Gaza war and urging an end to the Ukraine conflict.SoftBank (SFTBY) saw its ...