Billionaire CEO warns of possible recession despite tariff deal boost

From Nasdaq: 2025-05-17 04:20:00

Investors find hope as the U.S. and China agree on import tariffs, boosting major benchmarks like the S&P 500. Despite this, JPMorgan CEO Jamie Dimon warns of potential recession due to current uncertainties like deficits and high interest rates. Market volatility may persist even after the tariff deal.

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Read more at Nasdaq: Billionaire CEO Jamie Dimon Says a Recession Isn’t “Off the Table at This Point,” Despite Lowering Tariffs. 5 Ways to Help Protect Your Stock Portfolio in Any Market Environment.