Nasdaq registers lowest close since July 2020; chips stocks fall
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JPMorgan's Dimon Tells CNBC Headwinds Will Likely Push US into a Recession in 6-9 Months
October 10, 2022 12:54 PM EDTJPMorgan Chase CEO Jamie Dimon told CNBC's Julianna Tatelbaum on Monday that a "very, very serious" combination of headwinds will likely push the U.S. and global economy into a recession in six to nine months.
Although Dimon said the U.S. economy was "actually still doing well" at the moment, and consumers will probably be in better condition compared to the global financial... More
