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 assigns a 35% probability of a US recession hitting the market by the end of 2024.
AI Evaluation Notes
JP Morgan predicted a 35% probability of a US recession by the end of 2024. The US economy grew by 2.8% in 2024, and many sources indicate that a recession was avoided. Therefore, the prediction was mostly wrong as a recession did not occur as described.

Prediction Details

Topic
US Economy, Recession

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