JPMorgan economists now no longer expect a US recession 'this calendar year'.
This is one of those instances where it becomes abundantly clear that the consensus has moved from recession...to mild recession...to soft landing...to no landing. I still think there's room for optimism in risk assets because so much money that was on the sidelines is looking for a dip to buy but we're likely past the easy money phase.
Here's the note:
![note](https://images.forexlive.com/images/note_id_6e143211-dab8-4979-961e-2989c99d7146_original.jpg)