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Trump's tariff increase could cost U.S. households $700 billion, the largest de facto tax hike since LBJ needed to finance the war in Vietnam.
JPMorgan’s economics team has just raised their recession probability to 60% following the aggressive tariff stance announced ...
JPMorgan's chief global economist warned that Donald Trump's aggressive tariff plan increased the risk of the country falling into a recession.
The note to investors, from JPMorgan chief economist Bruce Kasman, was titled “There Will Be Blood.” “The effect of this tax hike is likely to be magnified—through retaliation, a slide in ...
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Raw Story on MSN'There will be blood': JPMorgan warns recession odds skyrocketed after 'substantial shock'A day after issuing a scathing assessment of President Donald Trump's key economic agenda, JPMorgan’s top economist raised estimates the odds of a global recession at 60%.Analysts at JPMorgan Chase ...
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JPMorgan's Chief Economist Bruce Kasman has estimated a 60% likelihood of a global recession in 2025, a significant increase from the previous forecast of 40%.
JPMorgan's chief global economist has issued a stark warning about the potential consequences of President Donald Trump's aggressive tariff policy, predicting that "There will be blood." ...
JPMorgan warned of an increased recession risk due to President Donald Trump's tariff policies, while Peter Schiff thinks the U.S. has been in recession for a while.
JPMorgan: Trump's Tariffs Are the Largest Tax Hike Since 1968 and Could Tip the World Into Recession
JPMorgan estimates that the tariffs will impose a financial burden of approximately £540.86 billion ($700 billion) on U.S.
These policies, if sustained, would likely push the US and possibly global economy into recession this year," economist Bruce ...
That’s the simple conclusion reached by the top economic minds at JPMorgan. In a research report published on Thursday titled “There will be Blood”, the Wall Street investment bank argued ...
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