JPMorgan CEO Jamie Dimon warns that the U.S. economy could see 'something worse' than a recession. inflation hardlanding
JPMorgan CEO Jamie Dimon has shared his predictions for the U.S. economy, including a chance of “something worse” than a recession. “There are storm clouds,” the executive said, citing interest rates, QT, oil, Ukraine, war, and China.JPMorgan’s chairman and chief executive officer, Jamie Dimon, reportedly shared his predictions about where the U.S. economy is headed during a client call last week, Yahoo Finance reported Saturday.
Dimon shared: “If I had to put odds: soft landing 10%. Harder landing, mild recession, 20%, 30%.” He added:“It is a bad mistake to say ‘here is my single point forecast,'” he clarified.is “coming our way.” He advised investors to brace themselves.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
WeWork's former CEO has a new startup, reportedly valued at more than $1 billionNearly three years after Adam Neumann stepped down as CEO of WeWork following a failed attempt to take the company public, he is said to once again be in charge of a billion-dollar real estate startup.
Leer más »
Former Wingstop CEO hopes to grow salad drive-thrus into a healthy fast-food powerhouse'Fast food doesn’t have to be cheap and bad,' he said.
Leer más »
Peloton to slash 780 jobs and hike prices in push to turn profitPeloton says it will cut roughly 780 jobs, close a significant number of its retail stores, and raise prices on some equipment beginning in 2023.
Leer más »
Lawsuit accuses Dallas’ Mark Cuban of duping investors with crypto ‘Ponzi scheme’Mark Cuban and Voyager CEO, Stephen Ehrlich, duped inexperienced investors into purchasing crypto on Voyager, which filed for bankruptcy in July, a new...
Leer más »
Bitcoin Will Demonetize Gold, Says Michael SaylorFormer MictoStrategy CEO and Bitcoin advocate Michael Saylor believes that gold should be left in the 19th century
Leer más »
Cannabis for menopause? CEO of Mazor Collective discusses product aimed at relieving symptoms | Here Weed Go! podcastLilach Mazor Power is breaking boundaries in the world of legal cannabis. She tells her story on Here Weed Go!
Leer más »