JAMIE DIMON WARNS: We’re getting a ‘bad recession’ plus ‘financial stress’ like the 2008 crisis

Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020.

Adam Galica | CNBC

Jamie Dimon, CEO of JPMorgan Chase, released his widely-read annual letter on Monday.

“We have the resources to emerge from this crisis as a stronger country,” Dimon said in the letter. “America is still the most prosperous nation the world has ever seen.”

Here’s the full letter.

This story is developing. Please check back for updates.

Products You May Like

Articles You May Like

Even with a $27 billion endowment, Stanford University expects layoffs will be ‘unavoidable’
Women are disproportionately impacted by coronavirus job losses, costing global economy $1 trillion, says Citi
Stocks making the biggest moves premarket: Costco, Salesforce, Eli Lilly, Tyson Foods & more
American Airlines plans 30% reduction of management, administrative staff
Delta offers employees buyouts, retirement as coronavirus hurts travel demand, while United readies similar plans

Leave a Reply

Your email address will not be published. Required fields are marked *