Skip to content
Subscriber Only
Wealth
Economics

Dimon Says ‘Storm Clouds’ Over the US Economy May Dissipate

  • Recession is possible, but would be unlike others, CEO says
  • JPMorgan raises estimate for NII as investor day kicks off
Bloomberg business news
Dimon: 'Storm Clouds’ Over the US Economy May Dissipate
Updated on

Jamie Dimon said the U.S. economy remains strong, and potential obstacles to growth are not set in stone.

“Strong economy, big storm clouds,” the JPMorgan Chase & Co. chief executive officer said at the firm’s investor day Monday. “I’m calling it storm clouds because they’re storm clouds. They may dissipate.”