Jamie Dimon, CEO of JP Morgan and one of America’s most influential bankers, has issued sober warnings about the U.S. economy’s outlook. Speaking in interviews with Bloomberg and the BBC, Dimon expressed concerns that inflation might not drop as expected, and a recession could occur in 2026.
Dimon pointed to ongoing geopolitical challenges and significant government spending as inflationary pressures. He clarified that while he is not necessarily “worried” about a recession, it remains a possibility the U.S. must be prepared for.
Additionally, he warned of a serious stock market correction within the next six months to two years, a risk he feels is underestimated by the public. Dimon emphasized uncertainty fueled by global tensions and fiscal policies, urging people to be cautious and plan for the worst.
