Big bank CEOs see an economy that's 'resilient' in the face of uncertainty
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“Resilient” is the word of the moment on Wall Street. JPMorgan Chase, Citigroup and Wells Fargo all reported their quarterly earnings Tuesday, and their CEOs all landed independently on the word “resilient” to describe the U.S. economy and its consumers. “While there have been some signs of a softening, particularly in job growth, the U.S. economy generally remained resilient,” JPMorgan CEO Jamie Dimon said in a statement . Wells Fargo CEO Charlie Scharf said in a news release , “While some
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