Dimon Says All Signs ‘Flashing Green’ on U.S. Housing Rebound
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Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., said population growth and the addition of U.S. jobs are fueling a rebound in the nation’s housing market.
“If one looks at the leading indicators, all signs are flashing green -- the turn is coming if it is not here already,” Dimon said today in a letter today to shareholders of New York-based JPMorgan, the largest U.S. bank by assets. “We don’t want to be blindly optimistic, but the facts are the facts.”