Doomsday is coming. JP Morgan CEO just issued brutal economic warning.

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Jamie Dimon, the CEO of JP Morgan, just issued a major economic warning. Suggesting that interest rates and inflation could rise more into the future and that the US Economy still faces high risks of recession.

This warning is a reminder to home buyer, stock investors, and economic analysts that there is significant downside risk to the economy. And that Jerome Powell and the Federal Reserve might have difficulty cutting rates in 2024. In fact - they might eventually be forced to increase rates if CPI/inflation figures continue to come in hot.
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Jamie Dimon proved prescient. One day after his warning, inflation came in hot, and bond yields spiked.

Mortgage Rates now back up to 7.34%.

ReventureConsulting
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Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.

austinbar
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The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

diane.moore-
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I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.

HodgeChris
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Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

mohican-jxfx
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Don't fret, the debt ceiling always goes up. I wonder if 2008 crisis survivors had it easier. this could lead to economic downturns. We need to be prepared for potential market volatility. how can I secure my 250k portfolio against declining?

gaynor
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We as a society, are frogs being slowly boiled alive.

Cbermeo
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In 2009 when I was temping in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

ChristopherAbelman
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I'm thinking to put some cash in stocks, I was at Salt Shack and i overheard some friends saying its ripe enough, but Is this a good time to buy stocks? I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

alicegomez
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This economy needs to crash and fast. Things cannot continue the way they are.

jadoriffic
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Jamie Demon. One of the biggest crooks in the history of banking.

duanehamdorf
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The real estate market needs an investor flush out, thats not a bad thing. Homes are intended for people to live in

CoolKidsSJJE
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In 2008, the real estate crash crushed the banking industry. The banking industry was involved in a massive deception in marketing derivates and subprime mortgages. The problem is that the banking industry is protected by a secrecy wall. You cannot find transparency in banking transactions. Dimon made a fortune in the 2008 crash. The coming real estate crash is another opportunity for the Billionaires Boys Club and Dimon.

drcharles
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Dimon is trying to get out in front of this to secure another bailout for Chase. He's absolute slime.

qijq
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Anyone who doesn't realise we're already in Stagflation, across the western world, can't do basic arithmatic

patjolly
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Seeing how financial markets ebb and flow reminds me of past events. Artur Grandi's book provides a clear formula for stabilizing investments and delves into options like cryptocurrency investments.

NatiaMaisuradze-eyiq
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I live in an Atlanta suburb. I talked to a builder this evening about building a detached garage. He told me that there is no work at all for all of the laborers - no one is building and Nothing is selling. He gets 10 calls a day from people looking for work. This builder is sitting on two completed homes that haven’t sold. He says this is going to get bad.

chriscoffman
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Dimon is only concerned with STOCK BUY BACKS and his OPTIONS.

OriginalBernieBro
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I like how I'm told that I'm spending too much on goods. All while my rent, electricity, and insurance rates are going up alongside profits.

eidorianseeker
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"The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.

jeffreycheng