JPMorgan Chase CEO Jamie Dimon has issued a fresh recessionary warning for the U.S. economy, saying that while consumers still appear to be in “good shape,” the trillions of dollars in extra money they got during the pandemic are running out and the government is running a “huge” deficit that will affect markets, scuppering any “soft landing” scenarios. Mr. Dimon made the remarks in an interview on Fox News’ “Mornings with Maria” on Tuesday, in which he pointed to a range of factors affecting the economy that he expects to culminate in a recession. “It might be [a] mild recession or heavy recession,” Mr. Dimon said, noting the…
Jamie Dimon Issues Dire Warning About Economy: ‘Money Is Running Out’
Technical buy / Sell Rating
Sentiments
Educational Videos
Live Forex Trading
What is Forex?
Types of Currency
Base and Quote Currency