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Jamie Dimon Warns of Sudden U.S. Downturn Despite Strong Data

Jamie Dimon Warns of Sudden U.S. Downturn Despite Strong Data

WASHINGTON — JPMorgan Chase CEO Jamie Dimon cautioned Tuesday that the U.S. may be approaching an abrupt economic slowdown. Speaking at a Morgan Stanley conference, Dimon emphasized that despite current positive indicators—like strong employment and consumer spending—“real numbers will deteriorate soon,” urging investors and policymakers to prepare for underlying turbulence . Why the Warning Matter … Read more

Gilts Enjoy Best Week Since July Following Series of Weak Economic Data

Gilts Enjoy Best Week Since July Following Series of Weak Economic Data

Gilts, the UK government bonds, have experienced their best performance in several months, marking their strongest week since July. The positive movement in gilts follows a string of disappointing economic data, which has led investors to reassess their outlook on UK interest rates and inflation. The economic reports over the past week have raised concerns … Read more