Jamie Dimon predicts potential economic 'derailment' by mid-2023

  • 📰 CBS21NEWS
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

United States Headlines News

The longtime bank CEO warned that inflation and high interest rates could drain that purchasing power by the middle of next year. --

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 304. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2023 Mercedes-Benz AMG S 63, Best Car To Buy 2023: Car News HeadlinesA redesigned AMG S 63, our annual Best Car To Buy award, and Gymkhana 2022 all made headlines today.
Source: motorauthority - 🏆 61. / 68 Read more »

Crypto is a complete sideshow, tokens are like 'pet rocks,' says JPMorgan CEO Jamie DimonCrypto is “a complete sideshow” and crypto tokens are “like pet rocks,” JPMorgan CEO Jamie Dimon tells SquawkCNBC. elwasson SquawkCNBC Switched sides again did he? SquawkCNBC Well those “pet rocks” paid for my house and secured early retirement for my wife but yeah total scam. SquawkCNBC Bitcoin is the opposite of crypto. Few
Source: CNBC - 🏆 12. / 72 Read more »

Jamie Dimon slams cryptocurrencies as 'pet rocks', says they're 'not a real market'JPMorgan Chase & Co. CEO Jamie Dimon has been skeptical of bitcoin and cryptocurrencies for years now. 🤦🏻‍♂️ Indeed a complete Ponzi scheme
Source: MarketWatch - 🏆 3. / 97 Read more »

JPMorgan CEO Compares Crypto to 'Pet Rocks'JPMorgan CEO Jamie Dimon continues to trash crypto despite offering some praise for blockchain jpmorgan Who the fuck is that guy jpmorgan Yes, the big crash is yet to come jpmorgan That’s why JPM just took a patent out on their new wallet design 🤔
Source: Utoday_en - 🏆 295. / 63 Read more »

BuzzFeed cutting 12 percent of workforce as CEO warns of downturnCEO Jonah Peretti said he expected the economic downturn to extend well into 2023.
Source: nypost - 🏆 91. / 67 Read more »

Jamie Dimon warns inflation could drag US into recession next year: 'It could be a hurricane'Jamie Dimon, the veteran CEO of JPMorgan Chase, said that inflation could drag the U.S. economy into a recession next year as Americans pull back on spending. We are already in a recession wake up! But Biden's anonymous economics experts say everything is awesome. Inflation is as bad as the lack of plan to deal with it and it’s consequences. This patient needs supply and oxygen and remove those choking the system
Source: FoxBusiness - 🏆 458. / 53 Read more »