JPMorgan has calculated when the next recession will hit — and has some ideas how you can prepare for it
|03/18/2018||Posted by BusinessMediaguide.Com under General World News||
- JPMorgan uses a proprietary economic model to forecast the probability of a recession.
- The firm has provided wide-ranging asset-allocation recommendations based on its recessionary forecast.
“Where are we in the cycle?“
It’s an inquiry the economics team at JPMorgan receives frequently. And it’s a good question when you consider the US’s current economic expansion is already the second-longest of the postwar era.
Luckily for curious minds, JPMorgan maintains a model designed to provide the probability of a recession over periods of one, two, and three years.
Putting it to work, the firm found an 18% chance of an economic read more >>>