No matter how many economic cheerleaders were predicting a so-called soft landing — slowing inflation, reasonable GDB growth, no spike in unemployment, and zero recession — JPMorgan chief executive Jamie Dimon has been dubious. And he continues to be.
In an interview with Bloomberg, Dimon reiterated his concern over such potential inflationary pressures as spending on the green economy, ongoing rising government deficit spending, military spending, and trade disputes.
"There are a lot of inflationary forces in front of us," he said. "The underlying inflation may not go away the way people expect it to."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
