JPMorgan’s Dimon says supply chain woes ‘will not be an issue next year’
“I should never do this, but I’ll make a forecast,” Dimon said during a virtual appearance at the Institute of International Finance’s annual conference. “This will not be an issue next year at all. This is the worst part of it. I think great market systems will adjust for it like companies have.”
Supply chain issues are a source of mounting concern as global economies attempt to meet surging demand and recover from the COVID-19 pandemic. Executives from several companies, including Nike, have noted disruptions could weigh on their earnings in the coming months.