Treasury Secretary Scott Bessent on attributed the chaos in the bond market to "some very large leveraged players" that are experiencing losses.
JPMorgan Chase (JPM) CEO Jamie Dimon called a US recession a "likely outcome" amid the turmoil triggered by President Trump's tariffs.
'The tendency as an investor is to say, yes, I want to take cover,' one financial planner said. That's often not the best move.
Chase CEO Jamie Dimon said that sweeping tariffs imposed by U.S. President Donald Trump will probably lead to a recession and defaults by borrowers.