Jamie Dimon Denies Recession for US Economy Amid Market Volatility

Reported 2 months ago

JPMorgan Chase CEO Jamie Dimon asserted that the US economy is 'not at all' in a recession despite recent market fluctuations, which he attributes to overreactions to daily stock movements. Dimon acknowledged, however, that the chances of a recession have increased, citing uncertainties in various sectors. Other financial leaders, like Goldman Sachs' CEO David Solomon, shared a similarly optimistic perspective on the economy's resilience.

Source: YAHOO

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