Firefox: Tools > Page Info > Permissions > Access Your Location. Select Always Ask.
Chrome: Hamburger Menu > Settings > Show advanced settings. In the Privacy section, click Content Settings. In the resulting dialog, find the Location section and select Ask when a site tries to…. Finally, click Manage Exceptions and remove the permissions you granted to the sites you are interested in.
Image | Chris Ratcliffe/Bloomberg via Getty Images
Share it:
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to 40%, making a recession the most likely scenario in his view.
When asked by CNBC’s Leslie Picker if he had changed his stance from February, where he suggested markets were too optimistic about recession risks, Dimon responded that the odds remained “about the same” as his earlier assessment.
“There’s a lot of uncertainty out there,” Dimon explained. “I’ve always pointed to geopolitics, housing, the deficits, the spending, the quantitative tightening, the elections, all these things cause some consternation in markets.”
As the leader of the largest U.S. bank by assets and a highly respected voice on Wall Street, Dimon has warned of an economic “hurricane” since 2022. Despite this, the economy has performed better than he anticipated. While acknowledging that credit-card borrower defaults are rising, Dimon stated that America is not currently in a recession.
Jamie Dimon Still Sees Recession On The Horizon, Cites Economic Uncertainty
Jibran Munaf
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to 40%, making a recession the most likely scenario in his view.
When asked by CNBC’s Leslie Picker if he had changed his stance from February, where he suggested markets were too optimistic about recession risks, Dimon responded that the odds remained “about the same” as his earlier assessment.
“There’s a lot of uncertainty out there,” Dimon explained. “I’ve always pointed to geopolitics, housing, the deficits, the spending, the quantitative tightening, the elections, all these things cause some consternation in markets.”
As the leader of the largest U.S. bank by assets and a highly respected voice on Wall Street, Dimon has warned of an economic “hurricane” since 2022. Despite this, the economy has performed better than he anticipated. While acknowledging that credit-card borrower defaults are rising, Dimon stated that America is not currently in a recession.
Dimon expressed skepticism about the Federal Reserve’s ability to bring inflation down to its 2% target, citing future spending on the green economy and military as potential obstacles.
Related articles
Trump Breathes Life Into TikTok Ahead Of Inauguration: All We Know So Far
Melania Joins Crypto Craze, Launches $Melania Coin, Impacting $Trump Token’s Soaring Value
When Will Trump Become U.S. President? Everything To Know About Inauguration Ceremony
Chilly Morning In UAE, Minimum Temperature To Dip Below 5°C