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The Daily Hodl 2024-05-31 02:33:30

JPMorgan Chase CEO Warns ‘Extraordinary’ Government Spending Will Trigger Major Economic Fallout: Report

JPMorgan Chase CEO Jamie Dimon just issued a major warning on where he believes the US economy is heading. At AllianceBernstein’s Strategic Decisions conference, Dimon said he’s betting unchecked government spending will end in stagflation – the term for a dreaded combination of high inflation, high unemployment and low growth, reports Fortune. “I look at The post JPMorgan Chase CEO Warns ‘Extraordinary’ Government Spending Will Trigger Major Economic Fallout: Report appeared first on The Daily Hodl .

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