JPMorgan Chase's Dimon: Inflation 'Might go Higher Than People Think
The nation’s largest bank said Wednesday that it’s starting to get worried about inflation. Hot pace of price increases could last through 2022.
The nation’s largest bank said Wednesday that it’s starting to get worried about inflation. Hot pace of price increases could last through 2022.
New problems are arising that are taking center stage for Wall Street, including supply-chain snags and inflationary pressures.
Central bankers are in a bind...Bloomberg’s quarterly guide to 23 of the world’s top central banks, covering 90% of the world economy:
Strategists at JPMorgan Chase & Co. led by Mislav Matejka concurred, writing that stagflation fears will start to fade.
Cover your ears, YOLO crowd: Citadel’s Ken Griffin just had a big September!
Steven Mnuchin, the former U.S. Treasury secretary, warned about the risks of breaching the debt ceiling, overspending by the Biden administration.
“We’ve been calling for this 10-20% correction that would be led by tech stocks,” said Wilson. “We think earnings estimates are too high.”