Jamie Dimon, Once A Tariff Supporter, Warns Trump's New Policy Could Slow US growth, Fuel Inflation: 'The Quicker The Issue Is Resolved, The Better' - JPMorgan Chase (NYSE:JPM), Adobe (NASDAQ:ADBE)
1. Dimon warns tariffs may trigger inflation impacting goods prices. 2. Economic growth could slow down due to tariffs, affecting JPM. 3. Inflation could persist, leading to higher interest rates. 4. Stock prices remain elevated despite market downturn concerns. 5. Analyst raises U.S. recession probability to 60% due to tariffs.