JPMorgan Chase & Co. CEO Jamie Dimon said that the United States and global economy Could be heading for a recession in the middle of The next yearCNBC reported on Monday.
hyperinflation big benefit rate Russian height invasion of Ukraine and unknown Effects of Federal Reserve quantitative easing policy Among the indicators of Dimon said, according to the report, a recession is possible.
“These are very serious things that I think are likely to push the US and the US world – I mean, Europe already in Recession – is likely to put the United States in some species of Recession six Until nine months from now.” in Interview with CNBC.
His comments come in the name of big American banks are set To report a third-quarter earnings on Friday. So far this yearthe benchmark S&P 500 index lost about 24%, with All three major US indices trading in The bear market province.
earlier this yearDamon asked investors to prepare for economic “hurricane”, with JPMorgan, the largest US investment bankhanging share buy back in July after it missed the quarterly forecasts on Wall Street.
World Bank President David Malpass and IMF Managing Director Kristalina Georgieva have also warned of growth risk of global Said stagnation and inflation still problem after Russia invasion of Ukraine.
JPMorgan Chase & Co. CEO Jamie Dimon said that the United States and global economy Could be heading for a recession in the middle of The next yearCNBC reported on Monday.
hyperinflation big benefit rate Russian height invasion of Ukraine and unknown Effects of Federal Reserve quantitative easing policy Among the indicators of Dimon said, according to the report, a recession is possible.
“These are very serious things that I think are likely to push the US and the US world – I mean, Europe already in Recession – is likely to put the United States in some species of Recession six Until nine months from now.” in Interview with CNBC.
His comments come in the name of big American banks are set To report a third-quarter earnings on Friday. So far this yearthe benchmark S&P 500 index lost about 24%, with All three major US indices trading in The bear market province.
earlier this yearDamon asked investors to prepare for economic “hurricane”, with JPMorgan, the largest US investment bankhanging share buy back in July after it missed the quarterly forecasts on Wall Street.
World Bank President David Malpass and IMF Managing Director Kristalina Georgieva have also warned of growth risk of global Said stagnation and inflation still problem after Russia invasion of Ukraine.