Economics
Dimon Says ‘Storm Clouds’ Over the US Economy May Dissipate
- Recession is possible, but would be unlike others, CEO says
- JPMorgan raises estimate for NII as investor day kicks off
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Jamie Dimon said the U.S. economy remains strong, and potential obstacles to growth are not set in stone.
“Strong economy, big storm clouds,” the JPMorgan Chase & Co. chief executive officer said at the firm’s investor day Monday. “I’m calling it storm clouds because they’re storm clouds. They may dissipate.”