Post by AlphaGod
Sounds like Jamie Dimon might have a brain after all.
> [Jamie] said he believes the risks of higher inflation and even stagflation aren’t properly represented by stock market values, which have staged a comeback from lows in April.
It's wild the stock markets have been as bullish as they have been throughout this tariff mess. Don't forget, the tariffs on Chinese imports have been reduced from 145% to "just" 30% - which is about 29% than they used to be. People are going to be paying through the nose for that. Also that reduction is only temporary - just 100 days to work out a trade deal - the kind that usually takes years.