JPMorgan Chase & Co. Chief Executive Jamie Dimon said the U.S. economy is facing unprecedented risks that have him preparing for dramatic upheavals.
The head of the nation’s biggest bank offered a largely upbeat view of the economy’s health in his annual letter to shareholders Monday. Consumers and businesses are flush with cash, wages are rising and the economy is growing rapidly after its pandemic slowdown. While consumer confidence has declined, Mr. Dimon says the more important gauge is booming spending.
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