JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs and the consensus rooting for a sustained bull run.

Despite the downward inflation trend, JPMorgan CEO Jamie Dimon, 68, isn’t ruling out a “hard landing” for the US economy.

  • jeffw@lemmy.worldM
    5·
    6 months ago

    A lot of CEOs are full of shit but Dimon gives them all a run for his money. He’s out of touch with the 21st century, as evidenced by all his WFH bullshit.

    Sure, stagflation would be bad. But inflation is cooling at a record pace. A month of that slowing doesn’t mean the world is ending. 2 years ago we were at about 8% inflation, now it’s 3.4%. The goal is 2-3%