Coin Bureau, relaying JPMorgan: a call under review

The window it was checked over

NBER-based recession indicator: Federal Reserve Bank of St. Louis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

are waiting for a spark. This is what the moon boys aren't telling you. My name is Guy, and this is The Coin Bureau. Before we get into it, though, nothing in this video is financial advice. We're not telling you to buy, sell, or panic. We're just walking you through the structural risks that could hit Bitcoin next year, and explaining why they're different from the threats we've seen before. If you find this useful, smash that like button, and let's see what Bitcoin is up against. So, the first risk to Bitcoin is a good old-fashioned recession. JPMorgan's December outlook assigns a 35% probability to a US and global recession hitting in 2026. That might not sound like much, but consider that the consensus is still pricing in a soft landing. The market thinks the Fed threaded the needle. JPMorgan says there's a one in three chance it didn't. The World Bank is even gloomier. They're warning that global growth this decade is on track to be the slowest since the 1960s, a lost decade, they call it. The structural story is that business caution and weak labor demand have been masked by AI capital expenditure. Strip out the tech giants building data centers, and the underlying economy looks

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.