JPMorgan Economist Sees 40% Chance of a Recession There is about a 40% chance of a U.S. recession this year and a risk of lasting damage to the country's standing as an investment destination if the administration undermines trust in U.S. governance, according to J.P. Morgan's chief economist. Original Source: https://www.newsmax.com/finance/economy/jpmorgan-tariffs-stocks/2025/03/12/id/1202424