Jamie Dimon: "Loan Demand Dropping Dramatically"

Loan demand is dropping dramatically. So said JP Morgan (JPM) CEO on the company conference call. That corroborates statements made in the Fed Beige Book.

So, will the “just make them lend!”-crowd shut up now?

Just curious.

See Also:
JP Morgan Posts Small Profit

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.