Jamie Dimon, the CEO of JPMorgan, issued a stark warning about the U.S. economy, warning that the challenges facing Americans today may well be the worst since World War II, and praising the downside risks that might defy market anticipation for an economical” soft landing.”
In his yearly letter to shareholders, Mr. Dimon remarked that buyers may be skipping challenges as they explore a complex and dangerous environment.
We may become entering one of the most perilous political eras since World War II, according to Mr. Dimon, warning that the effects of significant economic and geopolitical forces, including the wars in Ukraine and the Middle East, could be nasty surprises for the markets.
Trending
- Florida airport receives bomb threat, forces evacuation of Allegiant flight
- Former Indiana commissioner gets jail time for attempted assault on daughter
- UnitedHealthcare CEO murder: Accused Luigi Mangione pleads not guilty to federal charge
- Fyre Festival 2 flames out as Billy McFarland puts brand up for sale: ‘I need to step back’
- Governors warned they could lose federal funds if illegal immigrants can access unemployment benefits
- Virginia Giuffre, who accused Epstein & Prince Andrew of sexual abuse, dies by suicide
- Russian general killed by a car bomb just outside Moscow
- Prez warns of military action if N-talks with Iran collapse