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Jamie Dimon warns of 5 economic threats lurking 'under the surface'

Jamie Dimon warns of 5 economic threats lurking 'under the surface'

JPMorgan Chase CEO Jamie Dimon warned that while the U.S. economy is being driven by both consumer spending and business investment, there are five economic threats that may challenge that growth.Dimon's comments were included in JPMorgan's quarterly earnings release last week, which noted the nation's largest bank missed Wall Street analysts' profit expectations."The U.S. economy continued to be fueled by strong business investment and ongoing consumer spending," Dimon said."However, large fiscal deficits, sticky inflation, elevated asset prices, rising interest rates and geopolitical conditi...

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Wayne G Fraser
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Insurance Broker Insurance Industry
State Georgia, North Carolina, South Carolina
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