Talk about dire news for the economy.
Key points
- The U.S. economy is in much better shape now than it was earlier on in the pandemic.
- Tensions overseas and rampant inflation could result in a major turnabout.
When the COVID-19 outbreak first hit U.S. soil in early 2020, it spurred an economic crisis many people weren’t prepared for. Thankfully, the economy is in much better shape today than it was two years ago. Not only are unemployment levels down, but there are millions of available jobs to be had.
Despite that progress, JPMorgan CEO Jamie Dimon isn’t confident in the direction the economy is headed. In fact, he thinks a…