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JPMORGAN: 'The U.S. consumer remains healthy'

JPMorgan Chase (JPM) CEO Jamie Dimon continues to remain upbeat on the state of the U.S. economy and the overall health of the consumer.

“The U.S. consumer remains healthy, evidenced in our strong underlying performance in Consumer & Community Banking. Loans and deposits continue to grow strongly, and card sales and merchant processing volumes were up double digits, reflecting our consistent investment in the business,” Dimon said in the bank’s earnings release.

Dimon characterized the global economy as “stable to improving.”

The largest U.S. bank by assets, JPMorgan kicked off second-quarter earnings season on Friday reporting earnings...


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