JPMORGAN predicts a higher likelihood of a crisis in the next 6-12 months… BI: Americans can’t afford homes, investors aren’t buying property, and economists see little relief ahead.
JPMORGAN: “.. there is now a higher likelihood of a crisis over the next 6 to 12 months, the severity of which could be higher than [markets] anticipate. Risks of an interest rate shock .. are clear: consumer credit .. …