JPMorgan's Jamie Dimon says the U.S. economy could have a hard landing

Jamie Dimon, CEO of JPMorgan Chase, discusses the outlook for the U.S. economy and interest rates.

[@kendavies8351]

Don’t be fooled stocks are not the economy, I had 250k put aside waiting for the fed to stop raising rates. Now I want to get back into the markets, but the hike might continue and stocks will still climb, I’m confused on how to strategise and happy to discuss.

[@zoebakker5211]

The stock market will go down further and goodluck on the fed pausing rate hikes w/ all the hawkishness that has failed to keep up with inflation.

[@karenwilliams9653]

If the unemployment rate is able to remain steady while the Fed hikes and inflation falls back to target, a soft landing might be on the table

[@TonyRiley-qb7sw]

Don’t expect a soft landing. We know inflation still far from its 2% destination - the FOMC didn’t raise rates now, we can never fortell their moves these days

[@SamanthaSanchez-sj5el]

Fixed income Tbills and bonds may work for you while you try to figure out the next entry point for stocks

[@TonyRiley-qb7sw]

I agree It’s always good to have a balanced fin-plan. I work with a professional planner multi mrkt and fixed-income strategist in NY. the fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.

[@ScottLarry-fk5pn]

Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@LeahLewis-ny9iu]

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

[@ChloeCarter-kd7gz]

With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

[@AshleyKeith-vw7ws]

This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.

[@ChloeCarter-kd7gz]

Just research the name Desiree Ruth Hoffman. You’d find necessary details to work with a correspondence to set up an appointment.

[@AshleyKeith-vw7ws]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@ploglet]

Click bait title

[@jetstream3528]

Depression Except for the rich The duopoly makes sure of that

[@Cassander314]

Everyone over the age of 45 will be put in financial prison

[@aaronbarkley539]

If you don't think the US is having a hard recession you are mistaken. It has been coming for about a year now, huge housing inflation costs and now they are starting to crash? It's 2008 all over again

[@brianoleson5785]

Its called a historic downturn i think its better if you dont call it "2008" theres been 4 housing market crashes since 1837. Point is the 2nd worst since 1930 today

[@aaronbarkley539]

@brianoleson5785 I was only alive for 2008 so I'll call it 2008.

[@goxyeagle8446]

This is absolutely horrific I didn't live in US 2008. I haven't seen worse situation in 12 years living here, I can't find a job...thinking to go back to my country, even there is better now

[@02nupe]

It’s definitely NOT 2008 again, very poor take.

[@brettfine3444]

@aaronbarkley539 Stop watching faux news and/or listening to your orange savior's rants.

[@Cassander314]

You have all brought this on your generations around the world

[@calvinang1]

Common now, be truthful. It’s no longer a question of could but rather it will.

[@Cassander314]

Is that ken lewis

[@chi-jenyang9752]

Hard landing? Like what happened to the helicopter carrying Iranian President Ebrahim Raisi?

[@felixmildon690]

too soon

[@blueants-lq7lr]

lmao - so messed up.

[@wangjim5839]

The US Treasury, the Fed and this very senior banker all have different views of the scenario of the US economy situation! And thats extremely frightening !

[@jagusiff]

@jagusiff 0 seconds ago the economic numbers tell us that US Household Net Worth adjusted for inflation grew by less than 1% during Biden administration as compared to over 28% during the Trump administration according to the NY Times

[@naimcgrath1401]

What do you care, you'll still make your exorbitant salary.

[@freestylefranc2653]

never had a soft and not going start now! coming in hard

[@Escape_The_Mundane]

This guy is famous in american business. Even with the largest bank market capitalization they only have 4400 banks around the world. I think they only have 1 in my state.

[@Chicago48]

Dimon is doom & gloom financier. He always predicts the doom of the markets and the economy.

[@Escape_The_Mundane]

@Chicago48 couldn't you just do that with a computer though? There is college algebra and statistics.

[@williambudd2850]

Yeh, and the moon could be made of ble cheese.

[@goxyeagle8446]

US economy 2024. makes me think my little country is better for living nowadays

[@geraldtv2080]

Which country? Say it You might be dreaming

[@goxyeagle8446]

@@geraldtv2080 I don't wanna tell you so you all move over there lol

[@alf72632]

You can see this man is evil.

[@qake2021]

👍🤣🤣🤣👍

[@Mi6Agent-lx3fh]

White hair is a signature of an evil 🙈