• 10 months ago
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.

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