JPMorgan Chase CEO Jamie Dimon warned that the United States is likely going to head into recession territory in the next six to nine months, adding that the S&P 500 could fall by “another easy 20 percent” in the near future.
“I mean, Europe is already in recession ... and they’re likely to put the U.S. in some kind of recession six to nine months from now,” Dimon told CNBC on Oct. 10.