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JPMorgan CEO Dimon Expresses Confidence in the US Economy Despite Concerns about Rising National Debt and Potential Risks /
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2024-05-23 18:02:53

JPMorgan CEO Dimon Expresses Confidence in the US Economy Despite Concerns about Rising National Debt and Potential Risks on Nostr: JPMorgan CEO Jamie Dimon Warns of Hard Landing and Stagflation in US Economy ...

JPMorgan CEO Jamie Dimon Warns of Hard Landing and Stagflation in US Economy
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#eaff9d36 ver:0.67

JPMorgan CEO Jamie Dimon warns of a potential hard landing and stagflation in the US economy, citing concerns about low consumer confidence due to persistent inflation. Dimon suggests that interest rates could rise slightly as inflation remains more persistent than anticipated. His warning comes amidst uncertainty surrounding interest rates, inflation, fiscal deficit, and geopolitical turmoil. Dimon's concerns align with Ray Dalio's belief that the US is on the brink of civil war, emphasizing the importance of good corporate leadership in navigating these challenges. Dimon's warnings come as Bank of America's Global Fund Manager Survey shows high investor optimism. #US #economy #inflation #stagflation #leadership...

#newstr #JamieDimon #JpmorganChase #UsEconomy #HardLanding #Stagflation #Inflation #InterestRates #GeopoliticalTensions #ConsumerConfidence #FederalReserve

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