JPMorgan Chase CEO Jamie Dimon. (Photo: Bloomberg)
Leaders of the biggest financial companies are getting more optimisticabout an economic rebound as the pandemic lockdown eases, but say recent stockgains might have overshot reality.
"The market is assuming that we're not going to see a severesecond wave or third wave" of Covid-19, and that treatments willbecome available to cushion the impact of new outbreaks, BlackRockInc. Chief Executive Officer Larry Fink said Wednesday at a virtualindustry conference. "I do believe jobs are going to be slowercoming back than other people believe."
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