JPMorgan Chase CEO Jamie Dimon listed three major threats to the U.S. economy in a recent comment during the bank’s second-quarter earnings call, according to the transcript.
The banking giant’s July 14 second-quarter results showed revenue and earnings exceeding economists’ expectations, but the JPMorgan chief stands on the side of caution.
JPMorgan reported net income of $14.5 billion, up 15 percent from the first quarter, and was a 67 percent increase from the same quarter last year.
Mr. Dimon praised the strong results, noting that nearly “all of our lines of business saw continued growth in the quarter,” but added, “there are still salient risks in the immediate view.”…