Odds of an economic recession are rising, but the stock market has already priced it in and found its bottom, JPMorgan says
July 26, 2022 at 13:06 PM EDT
The odds of an economic recession in the US are on the rise as recent PMI data shows a decline in business activity, jobless claims begin to rise, and the housing market slows amid high mortgage rates, JPMorgan's Marko Kolanovic said in a Monday note. But investors shouldn't fret because the S&P … Source
