Brace for Impact: Is the Economy About to Go Silent Cartographer on Us?

Wake Me When You Need Me...Or When the Market Crashes

Alright Spartans listen up. I'm no economist but I know a plasma grenade when I see one. Jamie Dimon the big cheese at JPMorgan Chase is saying a recession is still on the table. Even after some tariff rollbacks with China he's not convinced we're out of the woods. Sounds like we need more than just a lucky shot to get through this one.

Economists: Odds of Recession Lower Than a Covenant Grunt's Aim

Dimon's leaning on his bank's economists who put the recession odds at less than 50%. That's like saying there's a small chance the Flood will take over the galaxy. Still Chief U.S. Economist Michael Feroli's note to clients suggests that even though the outlook is 'elevated' its below 50%. I wouldn't want to take the chance better start stocking up on those energy swords.

Tariffs: A Temporary Truce or a Covenant Ploy?

So the U.S. and China are playing nice with tariffs for 90 days. Dimon seems cautiously optimistic saying it's good to 'back off some of that stuff and engage in conversation.' But let's be real 90 days is just enough time for the Covenant to regroup and launch another attack. Are we ready for round two?

Higher Tariffs: Even at This Level You See People Holding Back on Investment

Even with the tariff pauses those import taxes are higher than last year and could cause economic damage says Dimon. Investment is slowing down as people try to figure out what to do. It's like waiting to see if that Hunter is going to charge before you make your move. Except this time the Hunter is the economy and the charge is a recession.

Uncertainty: The Only Certainty is the Need for a Plan B

Dimon acknowledges that uncertainty is still hanging around like a persistent Grunt. Even with the tariff pauses the import taxes on goods entering the United States are now higher than last year and could cause economic damage. Sounds like people are holding back rethinking their moves. In other words uncertainty is the name of the game and we're all just pawns in the game. I'm going to get my MA5D Assault Rifle and my M6D Pistol and stand guard at the ready.

We'll Make It We Always Do

Look I've faced down the Covenant the Flood and now potentially a recession. The point is we adapt we overcome and we find a way to survive. Maybe it's time to pull out all the stops and get the Arbiter on our side. We'll make it through this we always do. I need a weapon.