JPMorgan predicted a new global financial crisis in 2020
The global economy has not yet recovered from the effects of the 2008 crisis, but JPMorgan already knows when to wait for the next one - in 2020, writes Bloomberg. Details JPMorgan analysts suggest that during the next crisis, emerging market stocks will fall in price by 48% , their currencies - by 14.4% , US stocks will lose 20% in value, and energy prices will fall by 35% . The new crisis is unlikely to be as painful as the previous one, analysts believe.