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The latest according to Jamie Dimon:

  • “To say the consumer is strong today, so we are going to have a booming environment for years is a huge mistake,” he said
  • The consumer is ‘pretty good’
  • Excess savings are normalizing
  • Trading at JPM is ‘doing fine’
  • Credit deterioration is very modest
  • Warns of economic risks from QT, fiscal spending and war

No red flags from Dimon.

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