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flag CEOs warn of economic turbulence, stocks rise despite trade war fears and falling consumer sentiment.

flag 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. flag BlackRock CEO Larry Fink also expressed concerns, suggesting the US may be close to a recession. flag 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%. flag However, the University of Michigan reported a significant drop in consumer sentiment, reaching levels lower than during the Great Recession. flag The market volatility reflects uncertainty over the impact of the escalating trade war.

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