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What Jamie Diamond Just Said About Recession
JP Morgan's Jamie diamond warns us likely to tip into recession in six to nine months. Diamond cited the impact of runway inflation In Interest rates going up more than expected an unknown effect of quantitative easing and russia's war in ukraine. By the middle of next year diamond said that us economy was actually still doing well at present Consumers were likely to be in better shape compared with 2008 global financial crisis when the world tips into recession.