US facing economic ‘hurricane’ – JPMorgan ...News

Russia Today - Economy
US facing economic ‘hurricane’ – JPMorgan
source : Russia Today ( News ) () 13
Jamie Dimon has warned of unprecedented challenges for the economy The boss of Wall Street giant JPMorgan Chase, Jamie Dimon, has warned investors that the US is facing an economic “hurricane” as the latest challenges posed by the Fed’s tightening monetary policy and the Ukraine-related crisis are unprecedented. “That hurricane is right out there down the road coming our way,” Dimon said, speaking at a conference sponsored by AllianceBernstein Holdings on Wednesday. “We don’t know if it’s a minor one or Superstorm Sandy. You better brace yourself,” the CEO said, adding that it’s too soon to say how intense the sto

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