JP Morgan CEO Jamie Dimon Tells Maria Bartiromo Recession ‘Likely’ as Markets Suffer Trump Tariffs
JP Morgan CEO Jamie Dimon Tells Maria Bartiromo Recession ‘Likely’ as Markets Suffer Trump Tariffs

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JP Morgan CEO Jamie Dimon Tells Maria Bartiromo Recession ‘Likely’ as Markets Suffer Trump Tariffs

They just don’t want to acknowledge it’s happening already because that would drive markets further down. It’s happening.
When they say "recession," they are talking about a very specific definition:
This can only be confirmed once we have the data. So, you are likely right, we are probably already in a recession. However, it's not "They just don’t want to acknowledge it’s happening," it's that they can't confirm it's happening until 6 months after a recession has started.
this is likely also why Trump did this shit right at the start of a new quarter