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Jamie Dimon says U.S. consumers are in ‘good shape.’ This evidence proves him wrong.

Por: MarketWatch Business July 16, 2023

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Dimon added, “even if we go to a recession, they’re going with rather good conditions, low borrowings and good house price values still. But the headwinds are substantial and somewhat unprecedented.” Over at Wells Fargo , CEO Charlie Scharf said “The U.S. economy continues to perform better than many had expected. Although there will likely be continued economic slowing and uncertainty remains, it is quite possible the range of scenarios... + full article



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