Jamie Dimon says there are two big risks to the US economy - even as stocks rip higher
Jamie Dimon says there are two big risks to the US economy - even as stocks rip higher
JPMorgan CEO Jamie Dimon on Wednesday highlighted two significant risks to the US economy. The veteran banker described the economy as 'resilient,' citing low unemployment and strong consumer spending. 'Businesses are more optimistic about the economy, and they are encouraged by expectations for a more pro-growth agenda [under Donald Trump],' he told investors during an earnings call. But Dimon warned of challenges. He cautioned that inflation still poses a risk of remaining high - which eats into families' budgets, as well as hitting businesses.
More >> https://ift.tt/TAhlKW2 Full Article on Source: MAG NEWS
#US #ShowBiz #Sports #Politics #Celebs #Hawaii #Tubbo #Hunter Biden #Schiff #Drake #Matt Gaetz
No comments: