JP Morgan chief predicts economic 'hurricane' is coming - podcast episode cover

JP Morgan chief predicts economic 'hurricane' is coming

Jun 02, 202247 min
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Episode description

Jamie Dimon, CEO of America's largest bank, issues a stark warning, saying it's time to brace yourself for an economic "hurricane. We just don't know if it's a minor one or Superstorm Sandy. You better brace yourself." Dimon adds that that JPMorgan Chase is preparing for a "non-benign environment" and "bad outcomes." His dire forecast comes amid a turbulent time for investors increasingly worried about a recession. Our in-depth analysis of Dimon's remarks begins with CNN global business correspondent Rahel Solomon.

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