Big Bank Stocks Fall as Jamie Dimon Says Recession Is 'Likely Outcome' of Tariffs
Headline from Investopedia
Big bank stocks fell Wednesday as JPMorgan Chase CEO Jamie Dimon said a U.S. recession would be a "likely outcome" as the Trump administration’s sweeping tariffs rattle markets.
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JPMorgan Chase's Jamie Dimon breaks down the macroeconomic factors that lead the top banker to believe an economic downturn is headed for the U.S. economy.
Big bank stocks fell Wednesday as JPMorgan Chase CEO Jamie Dimon said a U.S. recession would be a "likely outcome" as the Trump administration’s sweeping tariffs rattle markets.
JPMorgan Chase CEO Jamie Dimon said Wednesday he sees the U.S. economy likely headed to recession as President Donald Trump‘s tariffs roil financial markets....