Daily Wrap

In CNBC interviews this morning JPMorgan Chase (JPM +0.2% ) CEO Jamie Dimon said that he thinks a mild to more pronounced recession is likely ahead, Walmart (WMT -1.15%) CEO Doug McMillon reiterated that the low-end consumer is still feeling pressure, and Union Pacific (UNP +0.05%) CEO Lance Fritz said the economy and consumer are slowing. The…