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On Monday, CEO of JPMorgan Chase, Jamie Dimon stated that it would be a ‘huge mistake’ to believe that the business will be long lasting only because the U.S. economy is doing well. He stated
To say the consumer is strong today, meaning you are going to have a booming environment for years, is a huge mistake.
Dimon stated
“Businesses feel pretty good because they look at their current results”. Later he said, “But those things change, and we don’t know what the full effect of all this is going to be 12 or 18 months from now.”
Basically the supporters of the economy like for n.
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