According to online reports, JPMorgan analyst David Lebovitz said that the U.S. stock market has hit a low buy range because he believes that the United States will still avoid a tariff-triggered economic recession. Lebovitz had been waiting for the S & P 500 to hit 5100, which fell below Friday afternoon. He is far from being "entirely betting" on the U.S. stock market and believes the risk of a U.S. recession is rising. However, Lebovitz said it may take advantage of the recent stock market sell-off to moderately increase positions at current trading levels. "The cheaper the stock, the more interested we are," Lebovitz said. "In the long run, and from a return perspective, reducing stocks in non-recession years often does not work well."