JPMorgan CEO Jamie Dimon has expressed his concerns about the U.S. economy, warning of a potential recession and the market’s underestimation of the risks.
What Happened: Dimon, speaking at the JPMorgan High Yield and Leveraged Finance Conference in Miami on Monday, cautioned that the U.S. might be on the brink of a recession. Despite this, he does not foresee any systemic issues, reported CNBC.
