Core Viewpoint - The latest Federal Reserve Beige Book report indicates that the U.S. economy has been largely stagnant since mid-October, with only one of the twelve Federal Reserve districts experiencing "moderate" growth [1] Economic Activity - Among the twelve Federal Reserve districts, only one reported "moderate" growth, nine districts remained stable, and two districts experienced "slight" declines [1] - Consumer spending continues to contract, although high-end retail spending remains stable [1] Industrial Activity - Industrial activity has shown slight recovery in most regions, but tariffs and trade uncertainties remain significant obstacles [1] Employment Trends - Employment levels have slightly declined, with about half of the districts reporting a decrease in labor demand [1] Overall Outlook - The overall economic outlook remains stable, but some Federal Reserve contacts express concerns about increasing risks of economic slowdown in the coming months, while the industrial sector shows cautious optimism [1]

Core Viewpoint - JPMorgan Chase's CEO Jamie Dimon warns of risks related to a weakening labor market and persistent inflation while announcing slightly higher-than-expected credit loss provisions [1] Group 1: Economic Indicators - Dimon noted signs of a slowdown in job growth, indicating potential challenges in the labor market [1] - He emphasized that the overall U.S. economy remains resilient despite rising uncertainties [1] Group 2: External Factors - The CEO highlighted complex geopolitical situations, tariff and trade uncertainties, high asset prices, and sticky inflation risks as factors contributing to elevated uncertainty levels [1]