JPMorgan warns 'there's a recession ahead'; Instigated to start early

BATTLE FOR WORLD / NEW YORK POST | October 18, 2019: On Tuesday (Oct 15) JPMorgan Chase Chief Executive Jamie Dimon warned that a recession could be on the horizon and blame the continuing trade tensions with China.

(BattleForWorld: It appears as if the trade tensions with China was instigated by the ruling elites to go against Trump. This pending recession the ruling elites are forcing it to start early. So it’s in Trump’s best interest to solve disagreements with China quickly.)

“Of course there’s a recession ahead,” assured Dimon during a morning gathering with reporters after the bank announced its 3rd-quarter earnings. “What we don’t know is if it’s going to happen soon.”

(BattleForWorld: Bingo.)

Diamon continues, “It does look like geopolitics, particularly around China and trade, are reducing business confidence and business capital expenditure”. And that consumers have been largely unaffected by the trade war, as both strong home sales and unemployment hitting a 50-year low in September (2019), said Dimon.

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