SlateStone Wealth chief market strategist Kenny Polcari discusses how investors should deal with negative market news on Making Money.
JPMorgan Chase CEO Jamie Dimon is urging caution about the outlook for the U.S. economy amid persistent uncertainty over the impact of tariffs as well as geopolitical headwinds.
“I think you better be careful on that one [on the economic impact on the U.S.] because some of these things have long cycles. So we don’t know yet. People are expecting these things to happen right away. But actually, a lot of them haven’t happened,” Dimon said in an interview on the “Office Hours: Business Edition” podcast released Wednesday morning.
Dimon warned that the economic impact of tariffs, shifts in immigration policy, geopolitical challenges, as well as the tax and spending changes in President Donald Trump’s One Big Beautiful Bill Act remain to be seen.
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