JPMorgan Forecasts a US Recession Following Trump's Tariffs

Sunday, April 06, 2025

JPMorgan believes the US economy will enter a recession in the back half of 2025 as the impact of President Trump tariffs takes hold in the economy.

Posted by reinheitsgebot at 09:31 AM | 9 COMMENTS | permalink | Comment on This Entry |

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JPMorgan raises recession odds this year to 60%.

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-- Jon Cooper (@joncooper-us.bsky.social) April 4, 2025 at 9:40 AM

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Feroli added that a "recession in economic activity" will push the unemployment rate up to 5.3%.

The rank orange pedo is going to blow past 5.3%.

#1 | Posted by reinheitsgebot at 2025-04-05 06:41 AM | Reply

Wait till the bankruptcy-prone orange pedo's stagflation kicks in.

#2 | Posted by reinheitsgebot at 2025-04-05 11:38 AM | Reply

I just can't say it enough... Thanks, Trumpers!

#3 | Posted by Corky at 2025-04-06 11:20 AM | Reply

Billionaire know nothings are going to be our donwfall:

Aaron Rupar
@atrupar.com
Lutnick: "The army of millions and millions of human beings screwing in little screws to make iPhones -- that kind of thing is going to come to America."

James Fallows @jfallows.bsky.social
Q for Lutnick:

Find a single iPhone factory where "millions of human beings are screwing in little screws"

I've been inside a lot of these places. He is now proving that he never has. Even 5 years ago you'd see people monitoring robots, and doing quality-check. not the little screws

bsky.app

#4 | Posted by Gal_Tuesday at 2025-04-06 11:46 AM | Reply

Lutnick: "The army of millions and millions of human beings screwing in little screws to make iPhones -- that kind of thing is going to come to America."

Even if that was true (and it's obviously not) does anyone really think Americans will rush to sign up to "screwing in tiny screws" on iPhones for the same measly wages and no benefits that foreign workers currently get?

#5 | Posted by donnerboy at 2025-04-06 01:00 PM | Reply

JP MORGAN ??

BWAAAAAAAAAAAAAAAAAAAAAAAA

"jp Morgan has faced numerous fines and settlements for various isconduct

claims, including those related to anti comptitive practices. securitiees

abuses and other violations, totaling over 40 billion "

--mprgan has been involved in at least 80 major legal actions resulting in

40 billion

in fines and settlements.-----

--MANIPULATING MARKETS

--SECURITIES ABUSES

--RECORD KEEPING INACCURACIES