JPMorgan CEO warns U.S. recession likely in 6-9 months | Rush Hour

After cautioning that "storm clouds" were beginning to form around the economy in April and warning that the U.S. had a 10% chance of avoiding an economic contraction in August, JPMorgan CEO, Jamie Dimon, is now saying a recession is very likely come 2023.

“These are very, very serious things,” Dimon told CNBC on Monday. “They’re likely to put the U.S. in some kind of recession six or nine months from now.”

#inflation #yourmoney #economy #FED #interestrates #recession #JPMorganCEO #JamieDimon #Nasdaq #DOW

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[jiiig]

We have been in a recession for over a year..
They changed the definition remember...

[dominickjvlogs]

Yes - it’s actually not good to have near 0 unemployment. Great nonpartisan economics - great job. 👏

[westbayoutdoors]

How tough is it to filter out crypto bots?

[kennethcole]

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[yoga_for_me]

We are in one already. Making a new definition doesn’t change the facts

[josephcollins]

So what! Tell us how we can prevent one

[scootergreen]

Ha, Chase one of the most crooked banks, my bank.

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[trumpbidensameclub]

This is a recession. Then it will be a depression. Lol. He's not very intelligent.