Top Financial CEOs Caution Against Complacency in Face of Global Threats During their first-quarter earnings calls, major Wall Street leaders, including JPMorgan’s Jamie Dimon, Goldman Sachs’ David Solomon, and Citi’s Jane Fraser, expressed caution about the U.S. economy. Despite suggesting potential drops in inflation and interest rates and a continued economic growth that could avoid a recession, they emphasized the serious threats posed by ongoing high inflation, elevated borrowing costs, the risk of a painful economic downturn, and the impact of international conflicts. BlackRock’s Larry Fink and Blackstone’s Steve Schwarzman also highlighted the prevailing sense of fear and uncertainty in the markets. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Economist Predicts U.S. Recession, Calls for Immediate 'Debt Detox' READ MORE History Warns: Recession Looms as Fed Maintains High Interest Rates READ MORE Powell Signals Potential Rate Cuts Pending Inflation Control READ MORE Markets Navigate Trump Shooting Fallout: Dollar Stable, Bitcoin Jumps READ MORE Record Start to 2024: Companies Ramp Up Share Repurchases READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment