JPMorgan CEO Jamie Dimon has highlighted two significant risks to the US economy: high inflation and geopolitical instability. Despite describing the economy as 'resilient' with low unemployment and strong consumer spending, Dimon cautioned that inflation could eat into families' budgets and hit businesses. He also warned that the current geopolitical environment is the most dangerous and complicated since World War II. Dimon's comments came on the same day that US stocks experienced their biggest daily gain since Donald Trump was elected. JPMorgan posted its biggest-ever annual profit, beating expectations.
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Original article source: https://www.dailymail.co.uk/yourmoney/consumer/article-14289209/jamie-dimon-two-big-risks-american-economy.html
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