JPMorgan's Jamie Dimon Positive on US Economy

Earlier, the CEO of JPMorgan Chase

Jamie Dimon sat for an interview with CNBC. Dimon touched on a number of topics including the US economy and MF Global. Overall, Dimon continued to deliver a positive assessment of the US economy. Dimon stated that the economy is continuing to strengthen, noting that the threat of a double-dip recession was over. Still, Dimon was concerned that the rising price of gasoline could negatively affect the US economy. Dimon stated that the Federal Reserve needed to see 300k-400k jobs created per month. On housing, Dimon stated that the housing market was close to an inflection point. He stated that housing market related costs for his bank had been coming down. Overall, Dimon stated that most economic signs were flashing green. He characterized the European situation as having been "put to bed" for awhile. Dimon stated that the US can grow regardless of China, and that China is likely to grow at 7.5% this year. Dimon also addressed the MF Global situation, noting that that JPMorgan acted appropriately in the MF Global case.