Jamie Dimon: Rates will rise above 5% because there is still 'a lot of underlying inflation'

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[frankymacf]

“We’re all gonna be fine”. We? Everyone in Davos.

[nateschevelle]

Shocking…A banker who thinks rates should go higher.

[Shultz]

If you care about America, you should be outraged by what is happening to it. What do you think our founding fathers would say if they saw our cities and economies today? From skyrocketing inflation and an unprecedented housing bubble to an exploitative health-care system and skyrocketing energy prices, everything is out of control. The financial market is the worst of all. I have approximately $83, 000 in life savings that I would like to invest, but I find it difficult to bite the bullet and do so.

[arigutman]

"Be prepared for all of it." That is just it.. every one is consider about x, y or z, but the great business leader is ready for all of it..

[fernandofariajunior]

This AEI World Forum jacket Dimon is wearing is cool. Are they available for sale?

[salvadorpuente]

Dimon May 2022 "A hurricane is coming and we're all FckT!" Dimon Jan 2023 "We're all gonna be fine" Thanks Jamie. Now I know we're all flying blind.

[chri]

He really likes getting 4% on his reserve cash

[brunomanco]

Are you sure about that, or you want time to buy all the good corporate long duration juicy yields all for yourself ??

[michaelcarroll]

They need higher rates because they need a guaranteed place to put money during the upcoming turmoil on Wall Street. They are looking for a guaranteed return while things go down the tubes. The multiples on some these companies leave us with so much downside potential.

[uinisefoochong]

You knew I was attending Gwc over stanford and you didn't say a word???? .... my classmates knew didn't they

[MH-YouTube-Controlled]

Rates at 6% in the mid to late 70's were considered a selling feature of taking over an existing mortgage. Let's all remember 1981 with interest rates above 20%

Now everyone stop your whining.

[ronsmith]

He was the only one who said there would be 8 hikes in 2022. Assuming it would be 0.25%. We went higher than that. Listen to this guy and stop attacking him.

[MJWBTC]

he is just a businessman, does business with the bank in the billions... and with bitcoin as well, he also knows that the future is not with the banks with fiat money

[ergo]

he's right that rates are going higher, but only after the deflationary bust.

[cornycorn]

jamie dimon probably is satoshi nakamoto & bought up all the bitcoin himself

[soundsoftrails]

JD is totally prepared for recession. He bought his blue jacket with green zipper at TJ Max.

[davidgindi]

Where tf are they and why can we see their breath!

[Paul-xmrd]

Meanwhile hes sitting there dumping millions and millions into bitcoin knowing hes gonna make hundreds of millions off of it.