Strategists at J.P. Morgan Asset Management see a good chance that the U.S. economy will tip into recession but expect the downturn to be brief and mild if it does. They also note signs that high inflation is starting to turn. Chief global strategist David Kelly and global market strategist David Lebovitz discussed their outlook Tuesday as the firm released its third-quarter Guide to the Markets. In the gallery above is a look at their insights.
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