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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://progressivecafe.social/users/TonyStark/statuses/114281682119031333">Tony Stark (tonystark@progressivecafe.social)'s status on Saturday, 05-Apr-2025 06:42:37 JST</a><a href="https://progressivecafe.social/@TonyStark" title="tonystark@progressivecafe.social"><img src="https://gnusocial.jp/avatar/103938-48-20250323203829.webp" width="48" height="48" alt="Tony Stark" style="position: absolute; left: 0; top: 0;">Tony Stark</a></section><article><p>A lot of people have their retirement accounts wrapped up in the stock market at least partially and while I know it’s fun to imagine rich people’s money disappearing, retirement accounts evaporating and recessions caused by market instability will hurt the regular folks more. </p><p>No schadenfreude here. </p><p>JPMorgan raises recession risk to 60% as global sell off continues: 'There will be blood' | Fortune<br><a href="https://fortune.com/2025/04/04/trump-tariffs-jpmorgan-raises-recession-risk-amid-global-market-rout/" rel="nofollow noreferrer">https://fortune.com/2025/04/04/trump-tariffs-jpmorgan-raises-recession-risk-amid-global-market-rout/</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/4846470#notice-9491594">In conversation</a><time datetime="2025-04-05T06:42:37+09:00" title="Saturday, 05-Apr-2025 06:42:37 JST">about 13 days ago</time> <span>from <span><a href="https://progressivecafe.social/@TonyStark/114281682119031333" rel="external" title="Sent from progressivecafe.social via ActivityPub">progressivecafe.social</a></span></span><a href="https://progressivecafe.social/@TonyStark/114281682119031333">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: fortune.com</div><h5><a href="https://fortune.com/2025/04/04/trump-tariffs-jpmorgan-raises-recession-risk-amid-global-market-rout/">‘There will be blood’: JPMorgan raises recession risk to 60% as global stock market sell off continues</a></h5><div> from <span>Christiaan Hetzner</span></div></header><div>Trump's tariff increase could cost U.S. households $700 billion, the largest de facto tax hike since LBJ needed to finance the war in Vietnam.</div><footer></footer></article></li></ol></footer></blockquote>

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Tony Stark (tonystark@progressivecafe.social)'s status on Saturday, 05-Apr-2025 06:42:37 JST Tony Stark
A lot of people have their retirement accounts wrapped up in the stock market at least partially and while I know it’s fun to imagine rich people’s money disappearing, retirement accounts evaporating and recessions caused by market instability will hurt the regular folks more.
No schadenfreude here.
JPMorgan raises recession risk to 60% as global sell off continues: 'There will be blood' | Fortune
https://fortune.com/2025/04/04/trump-tariffs-jpmorgan-raises-recession-risk-amid-global-market-rout/
In conversationabout 13 days ago from progressivecafe.socialpermalink
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  ‘There will be blood’: JPMorgan raises recession risk to 60% as global stock market sell off continues
  from Christiaan Hetzner
  Trump's tariff increase could cost U.S. households $700 billion, the largest de facto tax hike since LBJ needed to finance the war in Vietnam.

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