🔥 The Hot Corner

💬 Quoted…​​ “These are very, very serious things which I think are likely to push the U.S. and the world… in some kind of recession six to nine months from now.”

At a conference in London yesterday, JPMorgan CEO Jamie Dimon gave a dire prediction for the immediate future of the US economy.

  • He cited four major factors: inflation, Russia’s war in Ukraine, interest rates going up more than expected, and the unknown effects of ongoing quantitative tightening by the Fed. (What’s that?)

🍿🍅 Stat of the Day: The average movie score on Rotten Tomatoes has increased 43% since 2009, per Franchise Entertainment Research (via Harper’s).

🌎 Around the World: Workers at an oil plant in southern Iran went on strike yesterday, as anti-government protests across the country entered their fourth week.

🤯 Did You Know?... After living for nearly a year onboard the International Space Station, NASA astronaut Scott Kelly was ~2 inches taller than his twin brother (former astronaut Mark Kelly) upon returning to Earth. Scott’s height eventually returned back to normal about a year after his return.

📖 Worth a Read: The Two Words That Terrify Junior Employees → (WSJ)

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