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US Recession Odds Are Falling Fast, JPMorgan Trading Model Shows

  • Probability implied by S&P 500 tumbles to 51% from 91%
  • Market optimism belies data, gloomier economic forecasts
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Lew: A Deep Recession Is Not Out of the Question

Markets appear to have moved on from the furious debate on what is the right definition of a recession.

A US economic downturn looks increasingly less likely in the eyes of the stock market, according to a measure of recession probabilities created by JPMorgan Chase & Co. strategists.