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Jamie Dimon Says JPMorgan Is Bracing Itself for Economic ‘Hurricane’

By Sally Bakewell and Steve Dickson

01 Jun 2022 · 1 min read

Jamie Dimon warned investors to prepare for an economic "hurricane" as the economy struggles against an unprecedented combination of challenges, including tightening monetary policy and Russia's invasion of Ukraine.

"That hurricane is right out there down the road coming our way," the JPMorgan Chase chief executive officer said at a conference sponsored by AllianceBernstein Holdings Wednesday. "We don't know if it's a minor one or Superstorm Sandy. You better brace yourself."

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