JPMorgan warns Boeing’s 737 Max crisis could drag down the entire US economy (BA)
|03/23/2019||Posted by BusinessMediaguide.Com under General World News||
- Boeing is facing its worst crisis in years after two of its 737 Max planes have crashed in the last five months.
- As the plane remains grounded in most of the world, some airlines are beginning to rethink orders they have on the books.
- JPMorgan’s top economist warned Friday that any slowdown in the planemaker’s business could have repercussions for the entire US economy.
The US’ largest exporter is facing its most pressing crisis in decades, and now Wall Street is warning it could have an effect on the entire country’s economy.