Jamie Dimon says 'American dream is fraying'
CNN
JPMorgan Chase CEO Jamie Dimon is bullish about the economy, but he remains concerned about the growing wealth gap, particularly for Black people, in the United States.
"The American dream is fraying and income inequality is like the fault line," Dimon said in an interview with David Axelrod, the founder and director of the University of Chicago Institute of Politics and senior political commentator for CNN, for The Axe Files podcast earlier this week. Dimon's interview took place before JPMorgan Chase (JPM) reported its first-quarter earnings on Wednesday. The JPMorgan Chase chief told Axelrod that the good news for many Americans is that the economy is getting better — in part due to stimulus from the federal government.
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