Wall Street leaders caution US economy amid inflation, recession, and war threats.
Wall Street leaders, including JPMorgan's Jamie Dimon and Goldman's David Solomon, have expressed caution over the US economy during their first-quarter earnings calls. They warn of threats like inflation, recession, and war, and suggest the economy could continue growing while avoiding a recession, but stress the importance of not ignoring potential issues like persistent price increases, high borrowing costs, economic downturns, and global conflicts.
April 20, 2024
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