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Re:JPMorgan Chase now says a recession looks unlikely by 88913527 on Friday August 04, 2023 @08:17PM (#37007573)
Over time, I've come to find these types of announcements strange. We've just had Fitch downgrade the debt and the market threw a fit. But now, seemingly 48 hours later, we're past that? It just doesn't square up in my mind.
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Re:JPMorgan Chase now says a recession looks unlikely by jdsully on Friday August 04, 2023 @11:22PM (#37008678)
The downgrade is related to US debt not the economy as a whole. Parts of the economy can have trouble without having a recession.
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Re:JPMorgan Chase now says a recession looks unlikely by Accujack on Saturday August 05, 2023 @12:17AM (#37008973)
Like (for example) the commercial real estate market.
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Re:JPMorgan Chase now says a recession looks unlikely by richard_rainbow on Friday August 04, 2023 @09:36PM (#37008096)
The chances of a resonance cascade are exceedingly improbable.
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Re:JPMorgan Chase now says a recession looks unlikely by archo on Friday August 04, 2023 @09:43PM (#37008136)
https://archive.is/oPmT5
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Re:JPMorgan Chase now says a recession looks unlikely by KBme on Friday August 04, 2023 @09:49PM (#37008169)
These clowns constantly defend whoever gives them more money and solidifies more their monopoly. Biden really really needs some more transitory inflation-like declarations right now.
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