JPMorgan CEO Jamie Dimon says there are two major risks to the US economy; here are the risks and what they entail
Jamie Dimon has been rather bang-on with his certain predictions around the US economy and the stock market for the better part of 2024, and his concerns around Wall Street have occasionally been seen to be true. The JPMorgan Chase CEO has been relaying his concerns about an incoming US inflation based on various market factors, and he has reiterated the same in the latest cautionary statement.
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What are the two major risks to the US economy?
Jamie Dimon has maintained that spending requirements could end up being inflationary in the coming days, which would of course be a bad sign for the US economy in the overall aspect. Moreover, he is of the opinion that the current geopolitical situations around the globe are even more complicated than the time of World War II.
Geopolitical crisis becoming a major issue for the US economy?
The current geopolitical climate is deteriorating with every passing day now, and a majority of powerful countries are now at loggerheads with each other over various instances, a scenario that was last seen during the time of World War II. Be it the Ukraine-Russia conflict, or the Middle East tensions, all of these geopolitical issues are having a clear impact on the global economy, and therefore, also on the US' national economic data.
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