JPMorgan has calculated when the next recession will hit

ArticleBanking crisisMarch 19, 2018 - 7:16:36 AM

JPMorgan uses a proprietary economic model to forecast the probability of a recession.

It's an inquiry the economics team at JPMorgan receives frequently. And it's a good question when you consider the US's current economic expansion is already the second-longest of the postwar era.

Luckily for curious minds, JPMorgan maintains a model designed to provide the probability of a recession over periods of one, two, and three years.

Putting it to work, the firm found an 18% chance of an economic meltdown over the next year, increasing to 52% over two years and to 72% over three...

Source:http://www.businessinsider.com/jpmorgan-outlook-recommendations-for-next-economic-recession-2018-3businessinsider.com

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