From Fortune:

JPMorgan Chase CEO Jamie Dimon warns Wall Street that a “Goldilocks” economy may not exist, and a mild recession involved is unlikely. Dimon raised concerns about a variety of issues, including the national debt, the effect of geopolitical issues, and the vulnerability of U.S. consumers. Meanwhile, economists continue to be split on whether the economy faces a future similar to the 1970s era. Some believe the return to the robust 1990s is more likely, while consumer spending remains stable at a higher end of spending. Although Dimon was optimistic about consumer spending.



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