JPMorgan thinks the chances of recession have increased
Shortpedia
Content Team
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The global financial sector had a chaotic March. Banking stocks tumbled after the collapse of two banks in the US and the crisis at Credit Suisse. Things have now settled a bit. However, JPMorgan Chase & Co's CEO Jamie Dimon believes that the calm is momentary. In his annual letter to shareholders, Dimon said a recession is now a much stronger possibility than before.
