JPMORGAN SAYS ECONOMY SOLID BUT DOWNTURN POSSIBLE
JPMorgan CFO Jeremy Barnum says the economy is currently stable, with strong consumer spending and a resilient credit environment. However, growth is slowing and the labor market shows signs of softening. “It’s easy to imagine the labor market deteriorating,” he warns. “Things being fine now doesn’t guarantee they’ll stay that way.”The copyright of this article belongs to the original author/organization.
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