Tags: JPMorgan | Dimon | housing

JPMorgan's Dimon: All Signs ‘Flashing Green’ on Housing

Wednesday, 04 April 2012 05:59 PM

Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., said population growth and the addition of U.S. jobs are fueling a rebound in the nation’s housing market.

“If one looks at the leading indicators, all signs are flashing green -- the turn is coming if it is not here already,” Dimon said today in a letter today to shareholders of New York-based JPMorgan, the largest U.S. bank by assets.

“We don’t want to be blindly optimistic, but the facts are the facts,” he said.

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Wednesday, 04 April 2012 05:59 PM
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