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JPMorgan's Dimon Puts Odds of China-U.S. Trade Deal at 80%
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon put the odds of the U.S. and China reaching a trade deal at 80 percent, sounding a note of optimism even after the rising specter of tariffs roiled global markets. Despite the recent increase in tensions between the sides, the bank chief said in an interview with Bloomberg Television that it remains probable that there will eventually be an agreement. He said, however, that global growth would be hit if the talks go “really south.” “Now we have this whole kind of little bump in the road,” said Dimon. “Sometimes his tweets don’t pan out to be as bad. ... (full story)
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