.Via an interview with JPMorgan Pursuit CEO Jamie Dimon on CNBC: still believes that the odds of a u00e2 $ delicate landingu00e2 $ for the economic situation are around 35% to 40% making financial crisis the best probably scenarioDimon incorporated he was u00e2 $ a little bit of a skepticu00e2 $ that the Federal Reserve may bring rising cost of living up to its 2% intended because of potential investing on the eco-friendly economic condition and also militaryu00e2 $ Thereu00e2 $ s a bunch of anxiety out thereu00e2 $ u00e2 $ Iu00e2 $ ve consistently pointed to geopolitics, casing, the deficits, the spending, the measurable tightening up, the elections, all these things create some consternation in markets.u00e2 $ u00e2 $ Iu00e2 $ m completely positive that if we possess a light recession, also a harder one, our company would be actually fine. Of course, Iu00e2 $ m quite thoughtful to people that lose their jobs. You donu00e2 $ t really want a tough landing.u00e2 $ A number of factors on this. Without indicating timing the projection handles much less value. I ensure Dimon is describing this cycle, the close to medium phrase. Yet, he didn't point out. Anyhow, each one of those factors Dimon leads to stand. But the United States economic condition goes on downing along strongly. Without a doubt, the latest I have actually found from Dimon's organization, data August 5 is actually:2 Q24 GDP growth came in at 2.8% q/q saar compared to assumptions of 1.9% as well as over final zone's 1.4%. Notably, the center PCE mark rise to 2.9% was actually somewhat firmer than anticipated but was below the 3.7% rise in 1Q, while consumer investing was a solid 2.3%. In general, the file lead to much less gentleness than the 1Q print advised. While the U.S. economic condition has actually cooled down from its 4.1% pace in 2H23, growth averaged a sound speed of 2.1% in 1H24. Somebody said this, or something like it: u00e2 $ Prediction is actually really difficult, particularly if itu00e2 $ s about the future.u00e2 $.