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A top JPMorgan Chase executive is warning that stocks could fall as much as 40% in the next few years.Daniel Pinto, JPMorgan's co-president, said during an interview on Bloomberg Television Thursday that he believes market gains should continue for the next year or two. But he added that investors are nervous, and that the recent announcement about tariffs and trade wars contribute to their unease."Markets are going to be nervous, nervous about anything. Nervous about anything that relates to inflation, nervous about anything that relates to growth," he said. "These tariffs, if they go a lot beyond what has been announced, it is something that will concern the markets about future growth."He said it's normal for there to be a correction at the end of an investing cycle, and that markets could be heading for a "deep correction" of between 20% and 40%, depending upon the market values at the time the downturn starts."We know there will be correction at some point," he said.Related: Wall Street is on edge about tariffsThe markets briefly fell into correction territory last month as the the Dow Jones industrial average plummeted more than 3,200 points, or 12%, in just two weeks. The market then rallied from those lows, and the S&P 500 and Dow both ended February up for the year.But so far this month, concerns about a possible trade war and the departure of former Goldman Sachs executive Gary Cohn as President Donald Trump's chief economic adviser roiled markets once again.Related: Trump's tariff bombshell - Catch up herePinto oversees corporate and investment banking at JPMorgan Chase, the nation's largest bank. In January he was promoted to co-president and co-chief operating officer, setting him up as one of the two leading contenders to be the next CEO when Jamie Dimon retires. Dimon has said he intends to stay in place until at least 2023, though.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 1987

A Southwest Airlines flight from Chicago to Newark, New Jersey, made an unplanned landing Wednesday after a window cracked, the Federal Aviation Administration and passengers said.Flight 957 was diverted to Cleveland after a report of an issue with a window aboard the aircraft, FAA spokeswoman Elizabeth Cory said. It landed safely at Cleveland Hopkins International Airport, she said.Passenger Linda Holley texted her son Ryan with a picture of the damaged window."Window on plane cracked during flight. Landing in Cleveland to be safe. Everything ok but scary," one of her texts read.In another, she said: "Yes Southwest. Just heard loud noise. Very large crack with piece of window missing at bottom. Just landed. Everything ok. Don't know plan yet"The FAA said it will investigate what caused the window to crack. So far, the cause is not known.There was no depressurization in the cabin, and therefore the oxygen masks were not deployed, FAA spokesman Greg Martin said. He said the pilot did not declare an emergency but did ask to divert to a nearby airport.This is the second high-profile flight diversion by a Southwest Airlines plane in less than three weeks.On April 17, Southwest Flight 1380 made an emergency landing after an engine was damaged mid-flight.One person died after being partially sucked out a window. But passengers and even the President lauded Captain Tammie Jo Shults for safely landing the plane. 1435

A more than 4,000-year-old private tomb containing "exceptionally well-preserved" drawings has been discovered south of Cairo, according to Egypt's Ministry of Antiquities.Antiquities Minister Khaled al-Anani said the tomb had been discovered at the Saqqara archaeological site and was from the 5th dynasty of the pharaohs, which ruled roughly 4,400 years ago.The tomb belonged to a royal purification priest known as "Wahtye," al-Anani said in a statement. Inscriptions suggested the priest had served during the reign of King Nefer-Ir-Ka-Re and was the king's supervisor and inspector of the holy boat.Al-Anani said the tomb's walls were decorated with colored scenes depicting Wahtye with his mother, wife and family.The head of the excavation mission, Mostafa Waziri, said other drawings showed wine and pottery making, musical performances, sailing, hunting and the manufacture of funeral furniture.Waziri said his team had reached the tomb in November but that it had taken some time to enter as its doors were sealed.Some 50 niches inside the bomb also contained colored statues carved in rock, including of a person standing or in the scribe position, Waziri said."This statue might belong to the deceased or a member of his family," he said.The general director of the site, Sabry Farag, said the tomb was about 10 meters (33 feet) long and 3 meters (10 feet) wide, with a basement.It also contained five burial shafts, Waziri said, which will be the subject of further excavations.In November, the Antiquities Ministry announced that a mass cat cemetery and a collection of rare mummified scarab beetles were among seven tombs discovered at Saqqara.Saqqara is also home to the famous Step Pyramid. 1715

A New Jersey meat processing company has recalled nearly 43,000 pounds of ground beef, including packages sold at Walmart stores around the country, due to possible E. coli contamination.The United States Department of Agriculture's Food Safety and Inspection Service announced Saturday that Lakeside Refrigerated Services, a Swedesboro, New Jersey company, is recalling ground beef packages that were produced on June 1.The affected products were sold under the Thomas Foods International and Marketside Butcher labels and feature the establishment number EST. 46841.The recall notice said items were shipped to retail locations nationwide. Marketside Butcher products are sold at Walmart, according to package labels of the recalled products.The FSIS categorized the situation as a Class I recall, which it defines as "a health hazard situation where there is a reasonable probability that the use of the product will cause serious, adverse health consequences or death."The recall notice said the ground beef could be contaminated with E. coli O157:H7, which can cause dehydration, bloody diarrhea and abdominal cramps for 2–8 days, with an average of 3-4 days. Most people recover within a week, but some develop a type of kidney failure called hemolytic uremic syndrome, which the FSIS said is most common in children under the age of five and in older adults.The condition's symptoms include easy bruising, pallor and decreased urine output.The contamination was found during routine FSIS inspection, and the recall notice said there have been "no confirmed reports of adverse reactions due to consumption of these products."The affected products include:One-pound vacuum packages containing "MARKETSIDE BUTCHER ORGANIC GRASS-FED GROUND BEEF" and a use or freeze by date of 07/01/20 and lot code P-53298-82.One-pound vacuum packages containing four quarter-pound pieces of "MARKETSIDE BUTCHER ORGANIC GRASS-FED GROUND BEEF PATTIES" and a use or freeze by date of June 27, 2020 and lot code P-53934-28.Three-pound vacuum packages containing three one-pound pieces of "MARKETSIDE BUTCHER ORGANIC GRASS-FED GROUND BEEF 93% LEAN / 7% FAT" and a use or freeze by date of 07/01/20 and lot code P53929-70.One-pound tray packages containing four quarter-pound pieces of "THOMAS FARMS GRASS-FED GROUND BEEF PATTIES 85% LEAN / 15% FAT" and a use or freeze by date of 06/25/20 and lot code P53944-10.Four-pound tray packages containing 10 quarter-pound. pieces of "THOMAS FARMS GRASS-FED GROUND BEEF PATTIES 80% LEAN / 20% FAT" and a use or freeze by date of 06/25/20 and lot code P53937-45.One-pound vacuum packages containing four quarter-pound pieces of "THOMAS FARMS GRASS-FED GROUND BEEF PATTIES 85% LEAN / 15% FAT" and a use or freeze by date of 06/27/20 and lot code P53935-25.One-pound vacuum packages containing "VALUE PACK FRESH GROUND BEEF 76% LEAN / 24% FAT" and a use or freeze by date of 07/01/20 and lot code P53930-18.Customers should check their refrigerators or freezers and either throw away or return the packages, the recall notice said. People with questions should call the Lakeside Processing Center Call Center at 856-832-3881.This story was originally published by Daniel Bradley on WRTV in Indianapolis. 3233

A US Army veteran who served two tours in Afghanistan has been deported to Mexico, US Immigration and Customs Enforcement said.The deportation follows an earlier decision by US authorities to deny Miguel Perez's citizenship application because of a felony drug conviction, despite his service and the PTSD he says it caused.Perez, 39, was escorted across the US-Mexico border from Texas and handed over to Mexican authorities Friday, ICE said in a statement.Perez, his family and supporters, who include Sen. Tammy Duckworth of Illinois, had argued that his wartime service to the country had earned him the right to stay in the United States and to receive mental health treatment for the PTSD and substance abuse."This case is a tragic example of what can happen when national immigration policies are based more in hate than on logic and ICE doesn't feel accountable to anyone," Duckworth said in a statement following reports of Perez's deportation. "At the very least, Miguel should have been able to exhaust all of his legal options before being rushed out of the country under a shroud of secrecy."Perez was born in Mexico and legally came to the United States at age 8 when his father, Miguel Perez Sr., a semi-pro soccer player, moved the family to Chicago because of a job offer, Perez told CNN earlier. He has two children born in the United States. His parents and one sister are now naturalized American citizens, and another sister is an American citizen by birth.It's a complicated case. Perez has said that what he saw and experienced in Afghanistan sent his life off the rails, leading to heavy drinking, a drug addiction and ultimately to his felony conviction."After the second tour, there was more alcohol and that was also when I tried some drugs," Perez said last month. "But the addiction really started after I got back to Chicago, when I got back home, because I did not feel very sociable."In 2010, he was convicted in Cook County, Illinois, on charges related to delivering more than 2 pounds of cocaine to an undercover officer. He was sentenced to 15 years and his green card was revoked. He had served half his sentence when ICE began deportation proceedings. He had been in the agency's custody since 2016.Perez has said he was surprised to be in ICE detention and mistakenly believed that enlisting in the Army would automatically give him US citizenship, according to his lawyer, Chris Bergin. His retroactive application for citizenship was denied earlier this month. While there are provisions for expediting troops' naturalization process, a main requirement is that the applicant demonstrate "good moral character," and the drug conviction was enough to sway the decision against his application, Bergin said.Perez enlisted in the Army in 2001, just months before 9/11. He served in Afghanistan from October 2002 to April 2003 and again from May to October 2003, according to his lawyer. He left the Army in 2004 with a general discharge after he was caught smoking marijuana on base.Perez went on a hunger strike earlier this year, saying he feared deportation would mean death. Aside from not getting the treatment he needs, he told CNN that he fears Mexican drug cartels will try to recruit him because of his combat experience and will murder him if he doesn't cooperate."If they are sentencing me to a certain death, and I am going to die, then why die in a place that I have not considered my home in a long time?" he asked. 3475

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