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

JPMorgan’s Jamie Dimon Warns of ‘Something Worse’ Than Hard Recession
JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon on Nov. 23, 2021. Brian Snyder/Reuters
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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.
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