JPMorgan Chase & Co.’s CEO Jamie Dimon said he sees few signs that strong domestic economic expansion in its ninth year will be buffeted by factors including Federal Reserve monetary policy and trade-war clashes. Speaking Friday morning during a conference call with analysts to discuss the behemoth bank’s second-quarter results, Dimon said “you’re looking for potholes, there are not a lot of things out there,” responding to a question. Dimon said the prospect of rising rates and a narrowing spread between the 2-year Treasury note and the 10-year note –watched as a gauge of a weakening economic outlook by bond buyers and as an accurate recession indicator, when the shorter rate exceeds its longer-term counterpart–aren’t creating a lot of consternation for the U.S.’s largest bank by market value. Dimon’s comments come after JPMorgan reported a profit of $8.3 billion, or $2.29 a share, topping expectations of $2.22 a share among analysts polled by Thomson Reuters. Overall profit at the corporate and investment bank was $3.2 billion, an 18% increase from $2.71 billion in the same period last year. JPMorgan’s trading revenue increased 13% to $5.4 billion from $4.8 billion a year earlier. Shares of the bank in the premarket were up 0.3% and they are on track to climb 2.7% for the week, as of Thursday’s close. That compares with a 1.9% weekly increase for the Dow Jones Industrial Average , a weekly rise of 1.4% for the S&P 500 index and 1.8% 5-day rise for the Nasdaq Composite Index . Meanwhile, the exchange-traded Financial Select Sector SPDR ETF , which comprises some of the biggest U.S. financial institutions, was set to climb 1.6% so far this week. The results have come against the backdrop of an intensifying trade conflict between the U.S. and its trading partners across the globe and, notably China, and as the Fed has raised rates seven times since December of 2015, in an attempt to return rates to precrisis levels. That central-bank policy should contribute to improved profitability at banks but real rates haven’t advanced as quickly as expected and the monetary strategies employed have contributed to a tightening gap between government paper that some fear could lead to an inversion of the yield curve, which has been an accurate predictor of recent recessions.