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JP Morgan Just Confirmed the Worst-Case Scenario
Description
JPMorgan just took the Goldilocks off the table. That is not a minor forecast change or some little tweak to a spreadsheet buried on page 47 of a Wall Street outlook. When one of the biggest banks in the world says “Goldilocks is leaving the building” and starts worrying about a **negative growth shock**, what they’re really saying is something big has changed.
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'Goldilocks is leaving the building': JPMorgan predicts negative growth shock
https://www.msn.com/en-us/money/markets/goldilocks-is-leaving-the-building-jpmorgan-predicts-negative-growth-shock/ar-AA24066Q
Sahm Says Sahm Rule Meant To Be Broken
https://www.bloomberg.com/news/videos/2024-08-08/claudia-sahm-says-the-sahm-rule-was-meant-to-be-broken-video
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