Jamie Dimon said the effects of the Iran war are becoming more serious each day, highlighting rising geopolitical risk. He also said the wealthier American consumer is still spending well, suggesting resilience in higher-income demand. The remarks are directional rather than data-driven, but they reinforce a cautious risk-off backdrop.
Jamie Dimon said the effects of the Iran war are becoming more serious each day, highlighting rising geopolitical risk. He also said the wealthier American consumer is still spending well, suggesting resilience in higher-income demand. The remarks are directional rather than data-driven, but they reinforce a cautious risk-off backdrop.
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