Inflation's moving away slowly and Fed will cut rates this year, says JPMorgan's Priya Misra

Priya Misra, JPMorgan Asset Management fixed income portfolio manager, joins 'Squawk Box' to discuss inflation's trajectory, the bifurcation in views on outcomes, and much more.

[@soniajames-tn4mp]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

[@rapp-in1mz]

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

[@bonner-qv3mi]

Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

[@soniajames-tn4mp]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@bonner-qv3mi]

Just research the name ""Angela Lynn Shilling."" You’d find necessary details to work with a correspondence to set up an appointment...!!.

[@soniajames-tn4mp]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you..

[@AKT0B0S]

We are nowhere near the 2% target what a bunch of crooks

[@danutalucia]

The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

[@mayalucia-]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

[@SofiaDiego-]

Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

[@RomeroCarmen-4]

To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.

[@SofiaDiego-]

Svetlana Sarkisian Chowdhury a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@AlvarezDanuta]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@jordanslingluff287]

So if its going down how come its been going up?

[@dabigshleezee932]

Love their spin on inflation, they say it’s going down. I hope most Americans aren’t stupid enough to fall for this as inflation is just rising at a slower pace. But still rising monthly! 😊

[@drscopeify]

The next inflation updates could be down, I for sure have seen prices fall, car prices are down big time in my area, I am seeing lots of homes now coming up for rent and for sale and grocery store has lots of discounts all over the place. The hold out seems to be insurance but there has been a lot of issues with bad weather, fires, flooding and cost of repairing a home and car has gone up so there is the one problem spot it seems. Not sure what the solution is for that but maybe once they hike prices it levels off but we shall see. I was able to hunt around and get my home insurance moved from Farmers $1000 a year down to $770 with AAA. They are way cheaper unless they start hiking my price next year, we shall see.

[@jordanslingluff287]

@@drscopeify Raising taxes on the rich and cutting spending is what we are supposed to be doing right now. That's what the Keynesian model says. That's what Clinton did in the 90s when we had high inflation. Never had a problem with it again until Biden and Trump went crazy

[@salimkhan2710]

they will gladly cut rates but only when the stock market crashes

[@JW-iz6mv]

$100 of gasoline and groceries 3 years ago will cost you $140 today.... Nothing is going to change that...

[@HS-lb8kv]

even if inflation comes down to 2%, damage is already done!

[@free-qe6wx]

Right, so basically she wants the Fed to raise the inflation target.

[@UziGameGP]

Which makes absolute sense

[@drscopeify]

Powell said 2% is the target. The funny thing is this woman works with fixed income meaning that she benefit from higher rates so I think she is actually saying BS becasue rate cuts get her less clients and many will leave back to risk-on assets. That seems to be a problem with interviews with banking people they seem to on purpose say the opposite of what they want in order to score more customers. Not good for us average Joe watching it just confuses us for no reason. In fact many interviews on finance YOU TUBE channels and media seem to always say whatever will bring them in new customers not actually how they view the future of the US economy. When I see someone interviewed I always ask, what are they selling? I go to their website and check, there is a clear pattern of lying to get more customers. They are all freaking sharks.

[@free-qe6wx]

@@UziGameGP If the Fed even so much as hints at abandoning the 2% inflation target, we will go into hyperinflation within 12 months. The Fed's response to that will make Volker look like a sissy by comparison.

[@ronsmith2587]

Sad! 2, and 1/2 decades of inflation in 4 years, and they think cutting rates, and accepting 3% inflation is acceptable going forward. The reality is economic depression for 1/2 of the population, and mere millionaires are the new middle class.

[@TechGuy774]

Home prices have not stalled. That's the biggest thing I completely disagree with here.

[@nonenone1534]

seriously? we now have stagflation!!

[@yr6178]

Such a headache, Jamie Dimon, Priya, Mark and couple of others from JPMorgan all said different things.

[@FoundingFathersUSA]

She’s right, Dimon’s wrong.

[@mgv19able]

It amazing that wall st and banks as become the new low class trash so desperate to borrow money. This what happen when you hire low class people Unlike us Italian and Latino who hardly bare money if fact we encourage the FDIC ins to be raise to $5mil for each accr holder and open more banks a lot acct are over the $250k mark. We need more banks

[@ssuwandi3240]

No sorry for whoever paid her over nonsense

[@francoperrotta4968]

Buy JP Morgan stocks ..American currency will be backed by gold in the coming years first will go digital

[@jimhockaday2702]

Im sporting a tremendous woody!

[@illegalsmirf]

The rich will be fine and that's all that matters to both GOP and DNC. AIPAC runs American politics.