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J.P. Morgan Chase CEO Has Grim Warning About Trump’s Tariffs
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HuffPost |
Dimon continued, but in “the short-term, we are likely to see inflationary outcomes, not only on imported goods but on domestic prices, as input costs rise and demand increases on domestic products.”...
The Daily Beast |
JPMorgan Chase CEO Jamie Dimon urged President Donald Trump to allow the Treasury team to negotiate his “Liberation Day” tariffs as the markets crater, saying a recession seems “likely.”
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President Trump was clearly willing to let the stock market melt down after announcing enormous tariffs on U.S. trading partners last week — but the bond market was likely a bridge too far.
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JPMorgan Chase CEO Jamie Dimon urged executives to embrace discomfort, stay curious, study competitors, and lead with humility in his latest shareholder letter.
J.P.Morgan ratcheted up its odds for a U.S. and global recession to 60%, as brokerages scrambled to revise their forecast models with tariff distress threatening to sap business confidence and slow down global growth.
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