Rising economic risks in US will require greater vigilance from global investors

WHILE economic indicators and recent turmoil in financial markets may not technically constitute clear signs of a recession, risks in the US economy and its financial markets are building up. These risk factors pose a threat to its own financial stability and that of the world from multiple aspects, calling for greater vigilance among global investors.

JPMorgan Chase Chief Executive Officer Jamie Dimon said on August 7 that he still believed the odds of a "soft landing" for the US economy were about 35 percent to 40 percent, making a recession the most likely scenario in his mind, CNBC reported.