Will JPMorgan say “Recession”?

JPMorgan did not say “Recession” on its Oct 13, 2026 call (FY26 Q3); it said it on 3 of its last 8 calls: 0, 8, 0, 0, 1, 3, 0, 0 times. As of Oct 24, 2026, JPMorgan said “Recession” on 2 of 4 calls with a settled Kalshi or Polymarket mention market since Oct 14, 2025 (50%), most recently on Apr 14, 2026. Parrot’s p for the next listing is 44% (n=4, from settlement history blended with transcripts), not a forecast.

44%from settlement history blended with transcripts · n=4counts: company speakers + operator
Last 10
2/4Last 10 settled, oldest to newest: no yes yes no
Streak
not said last time
Counts
company speakers + operator
Updated

Where it was said

quotes of at most 25 words; select an appearance

JPMorgan

Recession

Probability
44% · n=4
Settled
2/4 (50%)
Last calls
said in 3 of 8

Next listing counts: company speakers + operator

FY26 Q3 earnings call, Oct 13, 2026 · not said

Open the appearance

FY26 Q2 earnings call, Jul 14, 2026 · not said

Open the appearance

FY26 Q1 earnings call, Apr 14, 2026 · said 3 times (counts)

Open the appearance

Counts: company speakers + operator

3 counted (0 in prepared remarks, 3 in Q&A); 1 by speakers the rule does not count.

Jamie Dimoncompanyqa · 21:08Hear it 21:08, Jamie Dimon In transcript

…almost can't be systemic at that size relative to anything else. When recessions happen and values go down and people refi at higher rates, there'll…

Jamie Dimoncompanyqa · 1:03:31Hear it 1:03:25, Jamie Dimon In transcript

…world, you got to look at what's going to happen in a recession. I'm not forecasting anything. I'm simply saying, for JPMorgan, we have to…

Every match in the transcript

FY25 Q4 earnings call, Jan 13, 2026 · said 1 time (counts)

Open the appearance

Counts: company speakers + operator

1 counted (1 in prepared remarks, 0 in Q&A).

Jeremy Barnumcompanyprepared · 7:46Hear it 7:40, Jeremy Barnum In transcript

…instances of fraud-like problems or as a result of a particularly deep recession erodes all the credit enhancement. In that scenario, losses associated with traditional…

FY25 Q3 earnings call, Oct 14, 2025 · not said

Open the appearance

FY25 Q2 earnings call, Jul 15, 2025 · not said

Open the appearance

FY25 Q1 earnings call, Apr 11, 2025 · said 8 times (counts)

Open the appearance

Counts: company speakers + operator (not listed here; the usual rule)

8 counted (0 in prepared remarks, 8 in Q&A); 2 by speakers the rule does not count.

Jamie Dimoncompanyqa · 18:54Hear it 18:52, Jamie Dimon In transcript

…they're looking at their forecast today. They think it's about 50-50 for recession, so I'll just refer to that. Obviously, if there's a recession, credit…

Jamie Dimoncompanyqa · 20:26Hear it 20:24, Jamie Dimon In transcript

…took down the $15 billion. So that just sizes up a bad recession. If it's a mild recession, it will be less than that. If…

Every match in the transcript

FY24 Q4 earnings call, Jan 15, 2025 · not said

Open the appearance

Every settled listing

newest first · 5 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Jul 14, 2026RecessionKalshiNo0
Apr 14, 2026RecessionKalshiYes3
Jan 13, 2026RecessionPolymarketYes1
Jan 13, 2026RecessionKalshiYes1
Oct 14, 2025RecessionKalshiNo0

Questions

How many times did JPMorgan say “Recession” on its last earnings call?
JPMorgan did not say “Recession” on its Oct 13, 2026 call (FY26 Q3); it said it on 3 of its last 8 calls: 0, 8, 0, 0, 1, 3, 0, 0 times.
How often does JPMorgan say “Recession”?
As of Oct 24, 2026, JPMorgan said “Recession” on 2 of 4 calls with a settled Kalshi or Polymarket mention market since Oct 14, 2025 (50%), most recently on Apr 14, 2026.
What is the probability JPMorgan says “Recession” next time?
44%, from settlement history blended with transcripts (n=4). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “JPMorgan: ‘Recession’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/JPM/words/recession (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=jpmorgan&word=recession · quotes: /api/v1/quotes?entity=jpmorgan&word=… · columnar JSON in #parrot-data · llms.txt · MCP