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YahooFinance: 'How can you tell me it won't lead to stagflation?' Jamie Dimon says 'extraordinary' government spending has him bracing for high inflat

May 29, 2024
a compass points to the words recession, inflation, stagflation

It seems JPMorgan CEO Jamie Dimon can't see a way ahead for the U.S. economy that doesn't end in stagflation.

It's a warning Dimon has issued before, previously saying he fears America is headed for a repeat of the 1970s when everything "felt great" and then quickly about-turned to a period of high unemployment and inflation paired with low demand, also known as "stagflation."

Read the full article on YahooFinance

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