★JPM's Michele: See Growth Slowdown, But Not Recession Amid $100 Oil
Strategic Analysis // Ian Gross
"Even with rising oil prices and geopolitical tensions, a major market player sees the economy slowing, not collapsing into recession. This suggests investors might need to brace for lower returns and increased volatility, but not a full-blown market crash."
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The Big Market Report Take
JPM's Michele thinks we'll see a growth slowdown, not a full-blown recession, even with $100 oil and geopolitical jitters. Seems he's betting the economy can still chug along, albeit a bit slower, despite the headwinds.
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