JPMorgan warns investors about leverage, recession risks

JPMorgan Chase said investors should be cautious because leverage and recession risks are neither priced in by the market nor factored into analysts' forecasts, according to King Ten. Small- and mid-cap strategists led by Eduardo Lecubarri said aggressive interest rate hikes by the UK and European Central Banks come as companies build high leverage on their balance sheets, while credit spreads are near record lows as investors continue to turn a blind eye to risk. point. The yield curve's prediction accuracy of economic recession reaches 100%. It takes an average of 488 days from the first day of inversion to the peak of the SP 500 index, and the longest is 629 days. This means that the stock market may be in the period from March to August this year. peaks at any time.