JPMorgan CEO Issues Dire Warning About Biden Admininistration’s ‘Huge’ Deficit Spending

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JPMorgan CEO Issues Dire Warning About Biden Admininistration’s ‘Huge’ Deficit Spending

JPMorgan CEO Jamie Dimon has issued a grim warning for the direction of the U.S. economy, saying he sees the odds of a “soft landing” as far lower than markets are pricing in while sounding the alarm on a possible bout of 1970s’ style stagflation fueled in part by the Biden administration’s massive deficit spending. Mr. Dimon made the remarks in an April 25 interview with The Wall Street Journal, in which he warned about Americans being lulled i…