JPMorgan Chase CEO Jamie Dimon discussed economic uncertainty at Adobe’s annual summit, according to Benzinga. Dimon warned of geopolitical risks and potential tariff impacts. He described the economy as experiencing a “soft landing” but noted turbulence due to Trump’s proposed tax plan and global trade concerns. He highlighted geopolitical tensions in Ukraine, Russia, and the Middle East as threats to democratic societies. Dimon pointed to declining consumer spending among lower-income individuals, citing stagnant wages and worsening.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Morgan Chase CEO Jamie Dimon discussed economic uncertainty at Adobe's annual
00:06summit, according to Benzinga.
00:08Dimon warned of geopolitical risk and potential tariff impacts.
00:12He described the economy as experiencing a soft landing,
00:15but noted turbulence due to Trump's proposed tax plan and global trade concerns.
00:20He highlighted geopolitical tensions in Ukraine,
00:22Russia and the Middle East as threats to democratic societies.
00:26Dimon pointed to declining consumer spending among lower-income individuals,
00:30citing stagnant wages and worsening living conditions.
00:33He cautioned that transitioning to a green economy
00:36and trade shifts could drive future inflation.