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.
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