The pinnacle of JP Morgan’s of US fairness and quantitative technique appeared in a single day on CNBC in an interview.

• He stated advances in AI won’t be sufficient to avert a US recession.
• stated AI will drive “large productiveness beneficial properties for the broader financial system”, however positioned a timeline on this in round 3 to 4 years … “Not within the subsequent 12 months.”
• stated there are “so many” different headwinds to the financial system to fret about