ilmscore | Prediction Details
"JP Morgan has assigned 35% probability of us recession hitting the market by the end of this year"
By Zerodha Varsity | August 17, 2024 | Incorrect
From video
The Week That Was (Aug 12th to 17th) | SEBI-Hindenburg, Mid Cap Funds, Bharti Enterprises, Recession 00:03:57 - 00:04:04
Interpreted Prediction
JP Morgan predicts a 35% probability of a US recession occurring by the end of 2024.
AI Evaluation Notes
The prediction was that there was a 35% chance of a recession by the end of 2024. According to multiple sources, the US did not enter a recession in 2024. Therefore, the prediction that there would be a recession did not occur, making the prediction mostly wrong.

Prediction Details

Topic
US Economy

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