JPMorgan Confirmed The Worst-Case Scenario

JPMorgan has scrapped its Goldilocks forecast, warning of a looming negative growth shock.

depositphotos_134263306-stock-photo-businessman-with-piggy-bank.jpg
Source: DepositPhotos

JPMorgan just took the Goldilocks off the table. That is not a minor forecast change or some little tweak to a spreadsheet buried on page 47 of a Wall Street outlook. When one of the biggest banks in the world says “Goldilocks is leaving the building” and starts worrying about a negative growth shock, what they’re really saying is something big has changed.
Video Length: 00:19:39

STOCKS IN THIS ARTICLE

Also Mentions:

Comments