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Fortune
Fortune
Eleanor Pringle

Jamie Dimon isn’t ready to feel good about the economy yet: ‘We’ve been spending money like drunken sailors’

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co. (Credit: Nathan Howard/Bloomberg - Getty Images)

Many aspects of the U.S. economy are fairing well against all odds—but for Jamie Dimon, that offers no reassurance for similar good news in the future.

The billionaire CEO of JPMorgan remains unconvinced that the current strength in the housing and stock markets will be enough to buoy consumers in the long-term, warning that although the economy is in "pretty good shape" at the moment, that could all change relatively swiftly.

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