Jamie Dimon isn’t convinced by the market’s theory that huge job revisions aren’t a recession indicator

The BLS’s near-million job downward revision has sparked concerns about a weakening U.S. economy, with JPMorgan’s Jamie Dimon warning the data “confirms what we already thought.” Still, economists from Macquarie and Goldman Sachs’s David Mericle argue more recent data suggests the economy is unlikely to tip into recession, though it strengthens the case for Fed […]

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