Jamie Dimon says it’s a ‘huge mistake’ to think economy will boom with so many risks out there
https://www.cnbc.com/2023/09/11/jamie-dimon-huge-mistake-to-think-economy-will-boom.html
- JPMorgan Chase CEO Jamie Dimon said Monday that while the U.S. economy is doing well, it would be a “huge mistake” to believe that it will last for years.
- Topping his concerns include central banks reining in liquidity programs via “quantitative tightening,” the Ukraine war, and governments around the world “spending like drunken sailors,” the CEO said.
- “To say the consumer is strong today, meaning you are going to have a booming environment for years, is a huge mistake,” Dimon said.
