JPMorgan uses a proprietary economic model to forecast the probability of a recession. The firm has provided wide-ranging asset-allocation recommendations based on its recessionary forecast. "Where are we in the cycle?" It's an inquiry the economics team at JPMorgan receives frequently. And it's a good question when you consider the US's current economic expansion is already the second-longest of the postwar era. Luckily for curious minds, JPMorgan maintains a model designed to...

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