Bloomberg / Getty Images “I think the economy is weakening,” JPMorgan Chase CEO Jamie Dimon said on CNBC this week Key Takeaways JPMorgan & Chase & Co. (JPM) CEO Jamie Dimon said the economy is slowing down ahead of the Federal Reserve's September meeting next week. The government estimated the U.S. economy added 911,000 fewer jobs in the 12 months through March 2025 than previously reported. The CEO of Wells Fargo & Company (WFC) noted a "big dichotomy" between higher- and lower-income consumers, de ...

The numbers today were significant and I agree with you that the revisions downward in the previous two months were perhaps the bigger story. Look, we've now seen with these revisions uh a tre a real clear signal that employment markets are slowing down uh in a significant way. Uh I would say off of pretty solid levels before.So the question that is in my mind is really uh to what extent is this a one-time move down that will uh persist over time or is this something that we will see where uh the labor mark ...