JPMorgan Is About to Post Earnings. Wall Street Expects Lower Profits.

JPMorgan Chase will kick off the third-quarter profit-reporting for the big banks on Friday, and Wall Street is looking ahead to the numbers with tempered expectations.

Speaking at a CNBC conference this week, JPMorgan (ticker: JPM) Chief Executive Jamie Dimon warned that the U.S. could be in a recession within the next six to nine months. That has Wall Street wondering how the bank and its peers will hold up. 

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