Jp Morgan: high risk of recession. Estimates in line with Morgan Stanley and Goldman Sachs

Jp Morgan has cut US growth estimates, speaking of "high risk of recession". According to analysts of the investment bank, in the fourth quarter of the year the leading economy on the planet will not grow by the initially estimated 2,5%, but by a much more modest 1%. The projections for the first three months of 2012 also dropped: from +1,5% to 0,5%. The decrease in US GDP growth estimates announced by Jp Morgan comes just 24 hours after the cut in global growth forecasts by Morgan Stanley (from 4,2 to 3,9%) and Goldman Sachs (from the 4,1 range .4,6-4% to 4,4-XNUMX%).