"Expect A Recession" – Jamie Dimon SHOCKS Wall Street With DARK Economic Prediction

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Valuetainment Episodes

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4.8 • 1.7K Ratings

🗓️ 11 April 2025

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jamie Dimon warns of a possible recession amid Trump’s tariff storm. PBD, Benny, and the team unpack the market panic, Scott Bessett’s bold leadership, and how Main Street—not Wall Street—may define America’s comeback. Is this economic pain just the beginning?

Transcript

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0:00.0	Jamie Diamond says recession is likely outcome with Trump's tariff turmoil.
0:04.1	Rob, if you have that clip, Jamie Diamond comes out and is officially using the R word, recession, being there.
0:11.8	Do you have it, Rob?
0:12.7	I do.
0:13.0	Let me read this to you if you don't.
0:14.2	Okay, there you go.
0:14.8	Go for it.
0:16.2	And then how it affects consumer sentiment?
0:18.4	Sorry.
0:19.1	Personally expect a recession.
0:21.0	I am going to defer to my
0:22.8	economy to this point, but I think
0:24.2	probably that's a likely outcome.
0:26.7	Because markets, I mean,
0:28.6	when you see a 2000
0:30.2	decline, 2000 point decline,
0:32.3	it sort of feeds on itself, doesn't it?
0:33.9	Because it makes you feel like you're losing
0:36.3	money in your 401K, you're losing money in your 401k, you're losing
0:37.6	money in your pension. You've got to cut back. Yeah. I always remind people, markets aren't always
0:41.7	right, but sometimes they are right. And I think this time they are right because they're just
0:45.5	pricing uncertainty at the macro level and uncertainty of the micro level, the actual company
	...

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