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On May 15th, local time, Jamie Dimon, CEO of JPMorgan Chase, stated that with the ongoing impact of tariffs, a global economic recession is still possible. Dimon said in an interview that he hopes to avoid this situation, but at the moment he cannot rule out this possibility. If an economic recession does occur, it is unknown how severe it will be or how long it will last. Reports indicate that the Trump administration's tariff policies have already caused market volatility for over a month. Dimon stated that due to the excessive market volatility, some clients are delaying investments. (CCTV News)
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