
Banking leaders warn of an economic ‘hurricane’ on the horizon
Several leaders of major banks recently warned about a looming financial crisis that could plunge the United States into a major recession. This reflects the same sentiment of a gloomy economic forecast as Hull College of Business economist, Simon Medcalfe made in his ABD column on Wednesday (see his local report here). “It’s a hurricane,” JP Morgan Chase CEO, Jamie Dimon said at a recent banking conference in describing his view of the economy. Like with a natural hurricane, where it is sunny and peaceful in the days ahead of








