Jamie Dimon, J.P. Morgan
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Jamie Dimon is ringing the alarm bells on the economy again.The JPMorgan CEO told Bloomberg that the US was at risk of a fate more worrying than a recession.He's worried about stagflation, a combo of persistently high inflation and stagnant economic growth.
We're not out of the economic woods yet. At least not according to JP Morgan JPM CEO Jamie Dimon, who spoke Monday at the bank's annual investors conference. The fear and trepidation that markets felt when President Donald Trump first unveiled his tariff plan has only been matched by the exuberance felt since the White House announced a 90-day pause on the tariffs.
JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is appropriate.
This isn't the first time Dimon has acknowledged China's economic accomplishments. "Over the last 20 years, China has been executing a more comprehensive economic strategy than we
The boss of Wall Street’s biggest bank fears that extreme complacency crept into the market as investors shook off last month’s tariff scare. Wall Street strategists say he might be on to something.
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JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.
But just as 90% of an iceberg lies below the water, plenty of economic damage from President Donald Trump’s tariffs and other policies remains under the surface. J.P. Morgan Chief Executive Jamie Dimon warned that investors are demonstrating an “extraordinary amount of complacency” toward those risks.
Jamie Dimon says the U.S. can’t take its status as the world’s top economic power for granted anymore.