‘This Is Serious’: JPMorgan Chase CEO Warns US Recession Coming in 6 to 9 Months

‘This Is Serious’: JPMorgan Chase CEO Warns US Recession Coming in 6 to 9 Months
JPMorgan CEO Jamie Dimon looks on during the inauguration the new French headquarters of JP Morgan bank in Paris, on June 29, 2021. Michel Euler/Pool via Reuters
Jack Phillips
Jack Phillips
Breaking News Reporter
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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.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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