JPMorgan’s Jamie Dimon Warns of Economic Slowdown Ahead
JPMorgan Chase CEO Jamie Dimon is sounding the alarm on the U.S. economy, warning that the strength seen in recent quarters may not last much longer.
Speaking at a Morgan Stanley event, Dimon explained that the major pandemic-era supports—like fiscal stimulus and loose monetary policy—have now ended, leaving the economy more vulnerable to slowdown.
Without those tailwinds, Dimon believes the U.S. is at risk of missing a “soft landing,” the ideal scenario where inflation cools without triggering a recession. Even if that outcome is achieved, he cautions that it likely won’t feel reassuring. “Jobs might go down a little. Prices might go up a bit. Hopefully, only a little,” he said.
Public May Not See the Shift Coming
Dimon noted that both consumers and businesses often miss early signs of economic change. What seems stable today could quickly turn, especially as structural issues like reduced immigration continue to tighten the labor market and limit economic growth.
Private Credit Markets Could Face Pressure
The JPMorgan chief also flagged growing concern over private credit—loans made by non-bank lenders. He warned that in a downturn, this segment could come under serious strain. “I wouldn’t buy credit at today’s prices,” Dimon said, cautioning investors not to underestimate risk in the current lending environment.
With these warning signs stacking up, Dimon’s message is clear: the era of easy money is over, and economic conditions could shift faster than many expect.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
