JPMorgan’s Jamie Dimon Warns of ‘Something Worse’ Than Hard Recession

1 month ago
JPMorgan CEO Jamie Dimon has predicted the likelihood of a downturn in the U.S economy and warned that “something worse” than a hard recession could be on the horizon. Dimon gave the estimations regarding the probability of a recession in a call with clients last week, according to a Yahoo Finance report published Saturday. The investment bank CEO noted that the economy is “strong” and “consumers’ balance sheets are in good shape,” as...
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