Wall Street CEOs Fear Tariffs, Economic Downturn | JQJO

Wall Street CEOs are expressing increasing concern over the economic impact of President Trump's tariffs. Initially in denial, they've progressed through stages of anger and depression, mirroring the Kübler-Ross model of grief. JPMorgan Chase CEO Jamie Dimon and others warn of a potential loss of the U.S. dollar's reserve currency status if the nation's economic and military preeminence declines. Billionaire investor Ken Griffin publicly criticized the administration's tariff policies, while Goldman Sachs predicts a 35% chance of a recession within the next year. Despite some ongoing trade negotiations, uncertainty remains high regarding the long-term economic consequences.