 In October last year JPM analysts concluded a recession was basically a done deal. They have now dialled that well back, saying the chance of a recession has fallen sharply. A soft landing is now the most likely scenario. JPMorgans trading model shows that seven of nine asset classes now show less than a 50 chance of a recession:U.S. high-grade credit U.S. high-yield credit Five-year treasuries European stock market index European Union... 