JP Morgan chief predicts economic 'hurricane' is coming

Published: June 2, 2022, 2:32 p.m.

b'Jamie Dimon, CEO of America\'s largest bank, issues a stark warning, saying it\'s time to brace yourself for an economic "hurricane. We just don\'t know if it\'s a minor one or Superstorm Sandy. You better brace yourself." Dimon adds that that JPMorgan Chase is preparing for a "non-benign environment" and "bad outcomes." His dire forecast comes amid a turbulent time for investors increasingly worried about a recession. Our in-depth analysis of Dimon\'s remarks begins with CNN global business correspondent Rahel Solomon.\\nTo learn more about how CNN protects listener privacy, visit cnn.com/privacy\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'