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$3.1 Trillion Wiped Out in Worst Day for the Markets Since 2020
T market value wiped out as Trump's aggressive tariffs spark global retaliation. Oil plunges 15%, VIX surges amid recession fears.
Global brokerages raise recession odds; J.P.Morgan sees 60% chance
J.P.Morgan ratcheted up its odds for a U.S. and global recession to 60%, as brokerages scrambled to revise their forecast ...
JPMorgan now says there’s a 60% chance of a recession after tariff hikes
JPMorgan’s economics team has just raised their recession probability to 60% following the aggressive tariff stance announced ...