New York CNN —
Jamie Dimon warned two years ago that storm clouds and a hurricane were brewing in the US economy. The JPMorgan Chase CEO, one of the most closely followed figures across the globe for his views on the economy, among other topics, was off by miles.
The US economy not only skirted a recession — something many prominent economists also predicted at the time — but has been growing at an even faster pace than a year ago. On top of that, the unemployment rate has stayed below 4% for more than two years despite
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