Jamie Dimon Says He Is ‘Cautious About Everything’ Amid Recession Fears: ‘Always A Mistake To Look At Just The Year’
Published by
Benzinga
Benzinga
JPMorgan CEO Jamie Dimon has expressed his concerns about the U.S. economy, warning of a potential recession and the market’s underestimation of the risks. What Happened: Dimon, speaking at the JPMorgan High Yield and Leveraged Finance Conference in Miami on Monday, cautioned that the U.S. might be on the brink of a recession. Despite this, he does not foresee any systemic issues, reported CNBC. Dimon pointed out that there are concerns about certain factors and expressed disagreement with the high probability assigned to the economy avoiding a recession. Dimon highlighted several factors that…