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JPMorgan’s Jamie Dimon: ‘Is a recession possible? Absolutely’
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fnlondon.comJPMorgan’s pandemic boom ended with a 42% drop in profits and a warning: Rising inflation and the war in Ukraine pose big threats to the US economy.
Chief executive Jamie Dimon said the economy is strong and growing, citing double-digit growth in card spending, low delinquencies and healthy household and consumer balance sheets.
But the bank...
Read more on fnlondon.comAbout this in other media
Eurozone Economy Keeps Growing but Recession Risk Looms wsj.com /2 years ago
Bank stocks, once a Buffett favorite, take a back seat at Berkshire Hathaway amid recession worries cnbc.com /2 years ago
Risk of recession in Europe, US and China is rising by the day theguardian.com /2 years ago
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