In a recent interview, Jamie Dimon, the CEO of JP Morgan Chase, stated that, even though things look ‘sunny’ right now, with low unemployment, high demand for skilled workers, robust consumer spending, and lower consumer debt, people and businesses better brace themselves for the Economic Hurricane that’s coming. With inflation at decades highs, supply chain disruptions, energy prices at historic levels, a war in Ukraine, and a Fed that was slow to respond, we’re facing a significant ‘slow down’ of some type. Whether it’s a mild recession, or something more dramatic is yet to be seen, but either way, smart school owners need to be preparing now! Recession is nothing
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