JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon, who famously warned of an economic “hurricane” two years ago, has changed his tune—slightly.
- JPM stock slipped today. See the chart here.
Sunny Days
In his latest earnings commentary on Tuesday, the head of the nation’s largest bank signaled short-term optimism, though he remains deeply unsettled by geopolitical risks.
“If you asked me in the short run, call it six months and nine months and even a year, it’s pretty positive,” Dimon noted, highlighting a resilient American consumer and a labor market that remains robust despite slight cooling.
He also credited fiscal policy for the current momentum, …