JPMorgan Outlines 4 Global Outlook Scenarios — Warns of ‘Boil the Frog’ Recession as Global Downturn Looms
Global investment bank JPMorgan has presented four probable global outlook scenarios, with “boil the frog” recession emerging as the most likely outcome. The bank’s economists warned: “Broad-based developed-market tightening points to a more synchronized global downturn sometime in 2024.” JPMorgan’s...