JPMorgan Chase CEO Jamie Dimon: US Economy Has Not Entered Recession
Dimon: Recession Not Off the Table, but Soft Landing Still Possible
Current Economic Conditions Favorable
JPMorgan Chase CEO Jamie Dimon stated that the US economy has not yet entered a recession, despite growing concerns about a potential downturn. While acknowledging that a recession is not completely ruled out, Dimon expressed optimism that a soft landing for the economy remains a possibility.
Dimon cited several factors supporting his view, including strong consumer spending, a robust labor market, and low unemployment levels. He also noted that corporate balance sheets are generally healthy and that businesses are continuing to invest in growth.
Comments