JP Morgan Chase CEO Jamie Dimon says U.S., World Headed for Recession in 2023: ‘This is Serious Stuff’

JPMorgan Chase CEO Jamie Dimon is predicting that the US and the global economy will be plunged into a recession by the middle of 2023 due to what he calls a “very, very serious” combination of headwinds, including inflation, high interest rates and the Russian war in Ukraine. “These are very, very serious things which I think are likely to push the US and the world — I mean, Europe is already in recession — and they’re likely to put the US in some kind of recession six to nine months from now,” Dimon told CNBC.

Look for the Biden administration and the liberal media to change the definition of ‘recession’…again.

RELATED: US economy will soon start losing 175,000 jobs a month, Bank of America warns

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