JPMorgan CEO Dimon: Sees an 80% chance of US – China trade deal being done

Speaks on Bloomberg television

  • Dimon says better for Federal Reserve to ditch forecasts on rates
  • US 10-year yield at 2.5% is ‘extraordinarily low’
  • Nothing wrong with wait and see for the Fed: hit to world growth if u.s.-china talks go really south
  • Would rather not do trade deal than have a bad deal
  • Sees 80% chance of US / China trade deal being done

Not too much to go on from Dimon there. Yeah, the US and China will patch together some sort of trade deal.

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