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0.00014031149151116 -0.000771713203311314 -0.00318039380758621 -0.00881623871661752 -0.011786165286937 -0.00152658902764126 -0.00954118142275849 -0.0101538749356905
Stock impact report

JPMorgan says the risk of a recession has reached 60% as tariffs are set to take a toll [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
A team of strategists led by Bruce Kasman said in a Thursday note that the risk of a recession has now surged to 60% from 40% after the president's newly announced tariffs surprised economists and corporations with how far they went. “Disruptive U.S. policies has been recognized as the biggest risk to the global outlook all year,” the analysts said. “The latest news reinforces our fears as U.S. trade policy has turned decisively less business-friendly than we had anticipated.” Futures linked to the S&P 500, Nasdaq 100, and Dow Jones Industrial Average are all in the red on Friday, following declines on Thursday. Nasdaq 100 Futures are down 14% year-to-date, while S&P 500 Futures are down by more than 10%. The Trump administration has set tariff rates at about half of what it says other countries levy on American imports and imposed a 10% base tariff on almost all nations. After all the tariffs take effect next week, importers, who are responsible for the levies, will pay much m Show less Read more
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