In short
JPMorgan has had no baseline scenario since the start of the war in Iran.
Oil tops $100, and the Treasury bond yields at 5% and diesel at $6 cross banks’ critical thresholds
The increase in fuel prices cost American households $109.1 billion.
Read the original article The assumption behind JPMorgan’s war forecast with Iran no longer exists by Kamina Bashir on fr.beincrypto.com