JPMorgan Chase CEO Jamie Dimon Warns He Still Believes a US Recession Is Coming

Major U.S. stock indexes saw another loss on Thursday morning.
JPMorgan Chase CEO Jamie Dimon Warns He Still Believes a US Recession Is Coming
JPMorgan Chase & Co. CEO Jamie Dimon speaks during the Business Roundtable CEO Innovation Summit in Washington on Dec. 6, 2018. Jim Waton/AFP via Getty Images
Jack Phillips
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Jamie Dimon, the chief executive of JPMorgan Chase, warned that the chance of the U.S. economy making a “soft landing” is not a certainty, coming amid volatility spikes seen in the major U.S. stock indexes over the past week.

“There’s a lot of uncertainty out there,” Dimon told CNBC on Wednesday. “I’ve always pointed to geopolitics, housing, the deficits, the spending, the quantitative tightening, the elections, all these things cause some consternation in markets.”
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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