In June 2022 Jamie Dimon, CEO of JPMorgan, advised investors “to brace... for an economic hurricane” caused by the war in Ukraine, rising inflation and higher interest rates.
In August, he warned that “something worse” than a recession could be coming. In October, he claimed that “very, very serious headwinds” were likely to push the US and the world into recession “in six to nine months”. In early April, he said that the “odds of a recession had
