Everyone in the federal reserve needs to be fired. There is no way rates should be this high. They just want to crush the economy and middle class to save their own ass. Investment portfolios are going to hell because of these people. Very disgraceful.
We should all appreciate Jamie Dimon cares deeply about US households that are not ready for 7% rate. We count our blessing for such a caring banker for US biggest bank.
The U.S. economy can't handle 5%. There is a slow motion crash happening that is being covered up. The employment participation rate is low while the quality of jobs being created are part time jobs with no benefits. The regional banks are losing deposits to Money Market accounts and Money Market mutual funds. Consumers have slowed down spending and consumer spending is the majority of the U.S. economy.
We've seen the end of first time homeownership in the US pricing an entire generation out of the middle class and the American Dream. Wealth continues to be extracted from the lower and middle class to the few wealthy elites faster than ever before in history. The largest wealth transfer in history. This doesn't end well for anyone.
Myself, J. Powell, Janet Yellen, and Ben Bernanke continue this 12 or 13 year failed policy until it causes hyper-inflation. Severely disjointed in the head, should be put into prison.
Fed won't be at 7%… Everything implodes before that. Then zero rates and massive injections and stocks to the moon.. Everything will quadruple in value and people can borrow to mansions for free… Later on hyperinflation and misery.
@ThomasShelby-xz2fk
December 17, 2023 at 7:49 am
Everyone in the federal reserve needs to be fired. There is no way rates should be this high. They just want to crush the economy and middle class to save their own ass. Investment portfolios are going to hell because of these people. Very disgraceful.
@noName-kn1lx
December 17, 2023 at 7:49 am
The same guy who warned of an economic hurricane. Go back to banking and stop trying to grab some spotlight fame
@The007monty
December 17, 2023 at 7:49 am
What Dimon is saying is enjoy your home while u still have a roof over your head
@maestrovso
December 17, 2023 at 7:49 am
We should all appreciate Jamie Dimon cares deeply about US households that are not ready for 7% rate. We count our blessing for such a caring banker for US biggest bank.
@user-zz4cs9pl1q
December 17, 2023 at 7:49 am
GO AWAY
@rufus9609
December 17, 2023 at 7:49 am
Yah well…
it wasn't ready for 20% but I lived through that so…
7% should be a walk in the park.
@JosephSullivan1979
December 17, 2023 at 7:49 am
The U.S. economy can't handle 5%. There is a slow motion crash happening that is being covered up. The employment participation rate is low while the quality of jobs being created are part time jobs with no benefits. The regional banks are losing deposits to Money Market accounts and Money Market mutual funds. Consumers have slowed down spending and consumer spending is the majority of the U.S. economy.
@tedwesthaven
December 17, 2023 at 7:49 am
dimon always crying wolf, let the qqq rally continue!
@AnimatedHistory-InCharts
December 17, 2023 at 7:49 am
Rates at 7? Hummm… I'm not prepared for that, I was counting on fed funds topping at 6.00%.
@vinredhawk7294
December 17, 2023 at 7:49 am
all the fed does is nothing worthwhile
@illegalsmirf
December 17, 2023 at 7:49 am
He sounds like a usurious Due demanding his pound of flesh
@garantexpert2003
December 17, 2023 at 7:49 am
J
@123-ig9vf
December 17, 2023 at 7:49 am
How about Epstein? Did Dimon warn about him?
@ryanwalters6184
December 17, 2023 at 7:49 am
7% is not even high. What is the big deal?
@praveenspike
December 17, 2023 at 7:49 am
What I said about a month back I think is what Dimon is saying now. There is no other way around in current circumstances.
@Seanpfree
December 17, 2023 at 7:49 am
We've seen the end of first time homeownership in the US pricing an entire generation out of the middle class and the American Dream. Wealth continues to be extracted from the lower and middle class to the few wealthy elites faster than ever before in history. The largest wealth transfer in history. This doesn't end well for anyone.
@herrwahnsinn4229
December 17, 2023 at 7:49 am
Myself, J. Powell, Janet Yellen, and Ben Bernanke continue this 12 or 13 year failed policy until it causes hyper-inflation. Severely disjointed in the head, should be put into prison.
@albertoperin402
December 17, 2023 at 7:49 am
Obviously is shorting bonds and claim the opposite… criminal
@georgekazanchyan4976
December 17, 2023 at 7:49 am
Jamie Dimon should shut up sometimes. What is his intention and motive?
@Buppasiri1
December 17, 2023 at 7:49 am
Fed won't be at 7%… Everything implodes before that. Then zero rates and massive injections and stocks to the moon.. Everything will quadruple in value and people can borrow to mansions for free… Later on hyperinflation and misery.
@joshlin8642
December 17, 2023 at 7:49 am
Hurricane season isn’t over yet 😂