JPMorgan CEO Jamie Dimon expects US recession in six to nine months

While the US economy is doing well at the moment, a number of indicators and global issues are ringing alarm bells: Dimon

JPMorgan Chase Chief Executive Officer Jamie Dimon said “serious” headwinds are likely to push the US and global economies into recession by the middle of next year.

“These are very, very serious things which I think are likely to push the US and the world — I mean, Europe is already in recession — and they’re likely to put the US in some kind of recession six to nine months from now,” Dimon said in an interview Monday with CNBC.

While the US economy is doing well at the moment, a number of indicators and global issues —the impact of surging inflation,