BlockBeats News, April 9th, JPMorgan Chase stated that the probability of a stock market digestion closely related to the US economy experiencing an economic recession has surged to nearly 80%. Meanwhile, despite potential funding pressures, credit product investors remain optimistic. According to JPMorgan Chase's market-based economic recession indicator dashboard, the Russell 2000 Index, which was severely hit in a recent sell-off, currently reflects a 79% probability of an economic recession. Other asset classes are also issuing warnings: the S&P 500 Index shows a 62% probability of an economic recession, base metals indicate a probability of 68%, and the 5-year US Treasury bond corresponds to a 54% probability. In contrast, the probability of an economic recession that investment-grade credit markets are digesting is only 25%, compared to zero in November last year. (FX678)
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