JPMorgan CEO Jamie Dimon cautioned Thursday against high optimism of a 'soft landing' in the U.S. economy's battle against inflation, warning not to 'get lulled into a false sense of security.'
JPMorgan CEO Jamie Dimon cautioned Thursday against high optimism of a " soft landing " in the U.S. economy's battle against inflation, warning not to "get lulled into a false sense of security."
"The odds of a soft landing, the market kind of prices at 70%, I think it's half of that," Dimon told the Journal. "It looks a little bit more like the '70s to me, and I point out to a lot of people, things looked pretty rosy in 1972 — they were not rosy in 1973." "Don't get lulled into a false sense of security that because today looks OK, tomorrow is going to be OK," Dimon told the Journal.
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