Jamie Dimon, CEO of JPMorgan Banking, has indicated that there are a number of factors that could lead to a recession in the United States and around the world in 6 to 9 months.
Dimon said: “You can’t talk about the economy without talking about the future, which is dangerous. It’s very dangerous and I think it could push the US and the world into recession in 6-9 months, even though Europe is in recession right now.” “.
According to him, the US Federal Reserve “waited too long and did little” against the backdrop of high inflation over the past year and a half.
In addition, financial markets will remain volatile for the foreseeable future, which may coincide with volatility in market conditions.
Source: RT