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CEOs warn of economic turbulence, stocks rise despite trade war fears and falling consumer sentiment.
JPMorgan Chase CEO Jamie Dimon warns of "considerable turbulence" in the US economy due to ongoing trade tensions, tariffs, sticky inflation, and high asset prices.
BlackRock CEO Larry Fink also expressed concerns, suggesting the US may be close to a recession.
Despite new Chinese tariffs, US stocks saw a rise, with the Dow Jones gaining 1.1%, S&P 500 increasing 1.4%, and Nasdaq up 1.6%.
However, the University of Michigan reported a significant drop in consumer sentiment, reaching levels lower than during the Great Recession.
The market volatility reflects uncertainty over the impact of the escalating trade war.
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Los directores generales advierten de turbulencias económicas, el aumento de las existencias a pesar de los temores de guerra comercial y la caída del sentimiento de los consumidores.