Ripples around the world: JPMorgan's outlook for the recession and market decline

  

 JPMorgan Chase has ignited global market unease by raising its 2025 recession probability to 60%, a notable increase from its previous 40% forecast, amid escalating U.S. tariff measures.  This pessimistic outlook reflects growing concerns that retaliatory trade actions could disrupt global supply chains and impede economic expansion, resulting in a worldwide sell-off of bank shares. The bank also announced a higher quarterly dividend in a surprising twist, adding yet more complexity to a volatile financial landscape.