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JPMorgan CEO Jamie Dimon told wealthy clients there's a chance the US is heading into 'something worse' than a recession, report says

1 month ago   |   By Business Insider

P Morgan CEO Jamie Dimon looks on during the inauguration of the new French headquarters of US' JP Morgan bank in June 2021 in Paris. MICHEL EULER/POOL/AFP via Getty Images
JPMorgan CEO Jamie Dimon spoke to some of the bank's wealthy clients on a call Tuesday, Yahoo reported .
He said there's a 20-30% chance of a "harder recession" and equal odds of "something worse."
He described current risks as "storm clouds," an apparent downgrade from his June warning of a "hurricane."
JPMorgan CEO Jamie Dimon estimated last week the probability that the US would head into a recession, according to a...
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