“The threat of a double-dip recession is a thing of the past, and even the ailing housing sector is starting to turn around support the overall economy, says Jamie Dimon, CEO of JPMorgan Chase.
The economy is poised to continue growing, and banks are planning for more growth, and not for a return to recession.
“No one can forecast the economy with certainty,” Dimon tells CNBC, “but most of us in business [have] got growth plans that have nothing to do with the actual state of the economy.”
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“but most of us in business [have] got growth plans that have nothing to do with the actual state of the economy.”
Translation: When you work for JPM, you can coordinate 150 central banks worldwide, and make your own economy.
Exactly. That zirp-cost cabbage from the Fed is always comforting as well.
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