JPMorgan Chief Jamie Dimon issues another stark warning on US economy

A 'Mornings with Maria' panel discusses inflation picking back up as JPMorgan Chase CEO Jamie Dimon delivers another warning on the U.S. economy.

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[NatiaMaisuradze-eyiq]

Seeing patterns recur in financial markets over time is quite fascinating. Artur Grandi's book offers a systematic approach to keeping investments stable and explores opportunities, including cryptocurrencies.

[nicolasbenson]

I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?

[danw]

The goal, price the middle class out.

[nathanielcarreon]

Dimon: " I am warning you but I will be ok whatever happens"

[joycenagy]

Amazing! Millions of Americans predicted the same thing. Pray and prepare folks, unfortunately it looks to get worse if Trump isn't elected.

[roseyfischer]

As we witness the current economic landscape, it's becoming increasingly clear that we're entering a recession. These times can pose significant financial challenges.

[codyramos]

Inflation weakens the dollar .
A weaker dollar means our national debt is worth less . .

[ihabiano]

No real economy recovery unless corps leave family houses the f@#& alone, and just the opposite of that is happening.

[promx]

i work 80 hours a week right now barley able to scrape by if my rent gets increased i might have to live in my car 😢

[herbertaponte]

Why doesn't Dimon do the right thing for workers like take care of them?

[darkdan]

Do a skit on how greedflation and private equity firms are ending the Middle Class of America...

[williamcanter]

😢 Biden impeachment starting already 2024

[ttcc]

JP Morgan should issue a warning to not look directly at Trvth Social’s meteoric fall, only do so with eye protection! SAD! 😔

[marcusdisalvio]

So basically we're going to keep this economy going for as long as we can until it literally hits the ground and starts combusting in to flames, this will not be a depression this will be a nightmare financially for everyone because right now when the inflation spikes up like a rocket and the dollar detaches itself from normal levels we're going to be just like Zimbabwe or Germany with wheelbarrows of money for bread. I personally feel like we have maybe 4 to 5 years of somewhat economic transactions with money and debt but after 2030 I think that's when everything will falter and hit the skids. I would buy land and buy hard assets like gold /silver even if they don't go up you're still keeping your money Frozen with something that will either maintain the value or go up naturally.

[russellbrown]

I couldn't careless what jaime says, chase doesnt give any interest, less than 1%

[stackchn]

I'm guessing the banks see firsthand consumers maxing out their 28% credit 💳 and also draining down their checking, savings account balances. Retirees, working class, and the poor are in big trouble!

[hera]

Isn’t he the same man who hiked up interest rates and earned Chase bank more than a Billion dollars in money from interest rates alone?

[Mike_ICP]

What he’s trying to say… is buy Bitcoin, in weird language.

[mizanrahman]

Make sure printing machines are in working condition.

[dragonbot]

Jamie is the guy who booed Bitcoin, and then invested quietly later.. last year he "sold" his JPM stock just before the run up.. sure.. whatever.