The Russian war in Ukraine and U.S. relations with China are among the biggest concerns currently facing the economy, according to JPMorgan Chase CEO Jamie Dimon.
“The thing I worry the most about is Ukraine,” the long-time Wall Street veteran said on Monday during an interview with Bloomberg Television. “It’s oil, gas, the leadership of the world, and our relationship with China — that is much more serious than the economic vibrations that we all have to deal with on a day-to-day basis.”
The war in Ukraine began one year ago and since then, has roiled global markets, sending the prices of key commodities like fertilizer, grain and energy soaring higher in a world already grappling with a cost-of-living crisis. The conflict — the worst seen in Europe in decades – also created a massive humanitarian crisis that has left thousands dead and millions displaced.
Read more here:https://www.foxbusiness.com/economy/jamie-dimon-says-ukraine-war-china-his-biggest-economic-concerns
