JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs
Posted inBanking and Financial Institutions Customs (Tariff) Dimon, James International Trade and World Market JPMorgan Chase & Company United States Economy United States Politics and Government

JPMorgan Chase CEO Jamie Dimon Warns of Economic Pain From Trump’s Tariffs

In his annual letter to shareholders, Jamie Dimon, the chief executive of JPMorgan Chase, wrote that a trade fight could dampen consumer and investor confidence and increase inflation.
Investors Recoil From Trump’s Pledge to Remake the Global Economy
Posted inCharles Schwab Corporation Consumer Behavior Federal Reserve System International Trade and World Market JPMorgan Chase & Company Nasdaq Composite Index Standard & Poor's 500-Stock Index Stocks and Bonds Trump, Donald J United States Economy United States Politics and Government

Investors Recoil From Trump’s Pledge to Remake the Global Economy

Stocks hadn’t fallen this far this fast since the early days of the coronavirus pandemic. A 9.1 percent drop in the S&P 500 is the steepest weekly decline since March 2020.