SG Talk

JAMIE DIMON. - I spoke about the accumulation of many clouds that could turn into a hurricane. The US and European economies were doing quite well coming out of the pandemic, boosted by strong fiscal support. But clouds are growing on the horizon: inflation, higher interest rates, monetary tightening, war in Ukraine, rising oil, gas and food prices… When we talk about war , food crisis, energy crisis, migratory upheavals, we are talking about serious and unpredictable subjects which will obviously weigh on our economies.

Do you fear a recession in the United States or in Europe?

These challenges significantly increase the likelihood of a recession. We could also attend...


https://www.lefigaro.fr/societes/le-pdg-...n-20220712

Currency market suggests otherwise it seems... They priced in everything liao... Dow going 60k mark...

As usual, China will have to come forward to save the Western world, including Sinkliaopoor bunch of "me too" hindsight bottom feeders

Europe is in recession but US. maybe not. All the money rush there as safe haven and to buy military equipments.