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JAMIE Dimon, Chairman of JPMorgan Chase & Co (JPM) (JPM) (JPM) New York’s economic club in New York, April 23, 2024.
Mike Fresh | Reuters
JPMORGAN CHASE CEO Jamie Dimon On Wednesday, the President of the US economy saw that the President went in a recession as Donald Trump’s tariffs ROIL financial markets.
Strengthens with the trade war between the United States and China, Shares and bonds are sold aggressively again in the morning trade. Stocky futures are collapsed and bond productivity, along with the exchange of tat-tat between the two nations, spread in the range of concerns on financial and economic stability.
“I think it’s probably a probable result,” Mornings in the Dimon Fox business “in the morning” Show.
Trump tariffs rose to Wall Street as the fear of the recession, as soon as the trade war will increase.
In the latest development, China said to hit 84% tariff In all US goods, 50 percent of the previous level, the interactions of the United States are effective in the world. Dow futures appeared more than 800 points in a 10-year treasury, a 10-year treasury, a 10-year treasury, which has a 10-year treasury or 0.2 percent point.
JPMORGAN Economists are waiting for The total US-General Internal Product will be 0.3% This year is a light recession called, but it comes after a strong year to grow.
“Markets are not always right, but sometimes they are right,” Dimon said. “I think this time they are right, because they only affect the micro level and uncertainty (horse), the actual company level and then consumer feelings.”
In the past, Dimon became a supporter of tariffs.
Interview in January January January in CNBC in the World Economic Forum in Switzerland in Davos “on top of it” on the tariffs And a little inflation said it would be valuable to protect the national security.
On Wednesday, he said we did deal with trade partners, that if this market reaction could be worse.
“Be a deep breath, discuss several trade deals. That’s what they can do is the best.” “I get a quiet idea. But I think it can get worse, if we go a little forward here.”
In addition, Dimon, Fed Governor Michelle Bowman, Deputy Chief of the President of the Bank and Finance System Michelle Bowman promote the Senate to approve. Bowman is ready for a confirmation for verifying Thursday.
Correction: Previous version, Jamie Dimon’s incorrect quotes.
