JPMorgan Chase now says a recession looks unlikely (themessenger.com)

Over time, I've come to find these types of announcements strange. We've just had Fitch downgrade the debt and the market threw a fit. But now, seemingly 48 hours later, we're past that? It just doesn't square up in my mind.

The chances of a resonance cascade are exceedingly improbable.

These clowns constantly defend whoever gives them more money and solidifies more their monopoly. Biden really really needs some more transitory inflation-like declarations right now.