Quote update
As seen on the 24/7 Wall St. homepage on July 14, 2026.
The U.S. economy has demonstrated notable resiliency this year, with stronger business investment and hiring. This strength is being supported by several tailwinds, including AI-driven capital investment, fiscal stimulus and the benefits of more efficient regulation. However, several risks are shifting below the surface like tectonic plates, including geopolitical tensions and wars, sticky inflation, large global fiscal deficits and elevated asset prices.
Dimon flags "tectonic" risks lurking beneath the surface of a resilient economy. Geopolitical tensions, sticky inflation, swollen fiscal deficits and stretched asset valuations pose threats that could shift the outlook for markets and growth.