Chairman and CEO Jamie Dimon (Jamie Dimon) of J.P. Morgan Chase (hereafter, Xiaomo) attended the Davos World Economic Forum on Wednesday and said in a live interview with CNBC that the US economy is like a ship sailing through difficult waters.

To ensure that the ship is not in danger, Dimon called on Washington officials to end the government shutdown and develop effective travel policies. If policymakers can solve the problems they are facing, GDP can continue to grow at a rate of 3%.

Dimon said that there is currently a lot of noise in the market, such as the shutdown of the US government, Brexit, trade issues, a slowdown in global GDP growth, etc. Ultimately, this is likely to lead to an economic slowdown or recession. “I don't know if it's 2020 or 2021, but the possibilities are increasing and so is the range of adverse effects”. Dario, who attended the conference yesterday, said that there is a major risk that the US economy will fall into recession in 2020.

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