JPMorgan profit beats estimates on Wall Street rebound
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Goldman’s main bullish case for gold centers on continued strong central bank and institutional buying. Click to read.
So now, with recession fears rising and stock prices dropping, many investors may wonder if they should wait it out before investing in the market. In short, the answer is no.
JPMorgan's chief global economist warned that Donald Trump's aggressive tariff plan increased the risk of the country falling into a recession.
(Reuters) -JPMorgan Chase CEO Jamie Dimon has maintained a cautious stance on the U.S. economy for several quarters now and said on Tuesday accurate forecasts are a challenge because key shifts are apparent only in hindsight.
And significantly, one-fourth (25%) now expect a recession, up from 8% at the beginning of the year, according to a survey from JPMorgan Chase.
JPMorgan reduced its forecast for the chance of a recession this year after the U.S. and China temporarily lowered the higher tariffs they imposed.
JPMorgan, Citigroup and Wells Fargo report solid Q2 earnings, even as tariff uncertainty and inflation loom over US markets.
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OK Magazine on MSNJPMorgan's Jamie Dimon Sounds Alarm: U.S. Economy on the Brink of DeteriorationIn a striking revelation during a recent conference, Jamie Dimon, the chief executive officer of JPMorgan Chase & Co., cautioned that the U.S. economy might be teetering on the edge of a downturn. Highlighting the diminishing effects of pandemic-era government spending and monetary policy,
JPMorgan Chase's chief global strategist suggests that the US economy, while likely to dodge a recession, should brace for slower growth.
JPMorgan Chase & Co. boosted its forecast for US economic growth after a temporary trade deal between the US and China, dropping its earlier call that the world’s largest economy would sink into ...
JP Morgan CEO Jamie Dimon said that if tariffs remain high and retaliatory tariffs don't change, a U.S. recession likely is "the best-case scenario."