JPMorgan's Jamie Dimon says the U.S. economy could have a hard landing

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Jamie Dimon, CEO of JPMorgan Chase, discusses the outlook for the U.S. economy and interest rates.
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Don’t be fooled stocks are not the economy, I had 250k put aside waiting for the fed to stop raising rates. Now I want to get back into the markets, but the hike might continue and stocks will still climb, I’m confused on how to strategise and happy to discuss.

kendavies
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Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

ScottLarry-fkpn
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Depression
Except for the rich

The duopoly makes sure of that

jetstream
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You have all brought this on your generations around the world

Cassander
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Everyone over the age of 45 will be put in financial prison

Cassander
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Common now, be truthful. It’s no longer a question of could but rather it will.

calvinang
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Hard landing? Like what happened to the helicopter carrying Iranian President Ebrahim Raisi?

chi-jenyang
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If you don't think the US is having a hard recession you are mistaken. It has been coming for about a year now, huge housing inflation costs and now they are starting to crash? It's 2008 all over again

aaronbarkley
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What do you care, you'll still make your exorbitant salary.

naimcgrath
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@jagusiff
0 seconds ago
the economic numbers tell us that US Household Net Worth adjusted for inflation grew by less than 1% during Biden administration as compared to over 28% during the Trump administration according to the NY Times

jagusiff
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The US Treasury, the Fed and this very senior banker all have different views of the scenario of the US economy situation! And thats extremely frightening !

wangjim
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never had a soft and not going start now! coming in hard

freestylefranc
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This guy is famous in american business. Even with the largest bank market capitalization they only have 4400 banks around the world. I think they only have 1 in my state.

Escape_The_Mundane
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Yeh, and the moon could be made of ble cheese.

williambudd
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US economy 2024. makes me think my little country is better for living nowadays

goxyeagle