‘Tail Risks Are Diminishing,’ Kolanovic, JPMorgan Say

‘Tail Risks Are Diminishing,’ Kolanovic, JPMorgan Say

There are three possible scenarios for US growth, according to JPMorgan. One involves the risk of an "imminent" recession, another entails a recession next year or the year after and the third roughly corresponds to a "soft landing." If you ask the bank, "the probability of the 'soft landing' scenario has increased." That assessment is, of course, based on the combination of July's cooler-than-expected read on prices (both consumer and factory-gate) and that month's upbeat jobs report. In addi
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