JPMorgan Now Sees 60% Odds Of A Recession In 2 Years
https://www.zerohedge.com/news/2018-10-18/jpmorgan-now-sees-60-odds-recession-2-years
Boom or Bust for decades always occur…..
"In the second half of NEXT year. "
Remember Green Shoots…biggest bunch of financial fiction ever.
https://roomfordebate.blogs.nytimes.com/2009/04/06/the-economys-green-shoots-real-or-imagined/
They walked this out at the market bottom.
following up on KYB news from yesterday
https://www.japantimes.co.jp/news/2018/10/18/national/work-replace-kyb-shock-absorbers-likely-continue-beyond-2020-games/
ex
Work to replace earthquake shock absorbers produced by KYB Corp., which has admitted to fabricating quality inspection data, will likely continue beyond the 2020 Tokyo Olympic Games, company sources said Thursday.
The Tokyo Metropolitan Government has said the Olympics Aquatics Center and Ariake Arena to be used for the 2020 Games are equipped with KYB products, but replacement of the shock absorbers is not expected to be completed before September 2020.
KYB only ever appointed a single inspector to check product quality, the sources said, adding that may have placed an excessive burden and resulted in the malpractice spanning over a decade.