Jamie Dimon expects S&P 500 earnings estimates to fall amid uncertainty

Jpmorgan chase CEO Jamie Dimon told Friday that looks for the estimates for corporate gains to fall in the uncertainty created by the President Donald Trumpthe trader negotiations.

In a call with reporters to discuss first quarter gainCFO CFO Jeremy Barnum said he didn’t see a reason to pull the bank’s guidance, that is contingent and the economy and interest rates.

Their boss, dimon, then intercepted the corereador world: “It would only be uncommon, some people have drifted their guidance. And hoping to see more of that.”

“Analysts are usually reduced their S & P balances for 5%,” In recent days, Dimon said. “I think you see that to go down again.”

Companies will be earning the earnings in the next several weeks, giving the managers an opportunity to update the investors on their prospects during an elevated uncertainty. The markets have padded by that Trump announced a set of America’s business partners the passenger weeks, and remain volatile as the US stores have climbed.

The uncertainty is caused by customers of companies and to make investments while adopting an attitude wait, dimon and barnum.

Anecdotal examples suggest that “people are prudent”, dimon said. “You know, people get away from making offers, not only great but the mean market companies are very considitionable about investing.”

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