Economy Defies Dimon and Dalio's Recession Predictions, But Uncertainty Still Looms

Dimon and Dalio predicted a recession was imminent in the past few years, but the economy has performed better than expected.

The economy has defied expectations with strong jobs reports, cooling inflation, and high consumer spending.

Dalio admits "I got it wrong" in predicting a recession due to high interest rates slowing growth.

Dimon says he "would have thought some of the fiscal stimulus would have worn off by now".

Some economists still predict a recession, while others see a "soft landing", but Dimon warns "before any crash, you felt great, and then things change."