Overview

• JPMorgan raises recession probability to 35% by year-end, citing economic indicators.
• Dimon highlights uncertainties including geopolitics, housing, and deficit spending as market concerns.
• Despite market fluctuations, Dimon remains optimistic about the economy's resilience and potential recovery.
• The Federal Reserve is expected to make significant interest rate cuts in the near future.
• Experts are divided on the likelihood of a recession, with some arguing that current indicators do not point to an imminent downturn.