“The green economy, the remilitarization of the world, the need for infrastructure development, the restructuring of trade, the budget deficit, all of which are driving inflation,” JPMorgan CEO Jamie Dimon said in an interview with Bloomberg on Thursday. “The factors are right in front of us,” he said. ”
Dimon said, “We’ve had a good, healthy market for quite some time. They’re kind of predicting a soft landing…and that’s fine. We don’t know what the future holds. History. I think there have been many times where that was true and then the next year it wasn’t true. So let’s take a look. I don’t pay as much attention to the monthly numbers as most people do. Is not.”
“I’m starting to get a little worried. We have a very large budget deficit and I think the underlying inflation may not go away in the way that people are hoping. A lot of the things that I’m looking at are kind of inflation, the green economy, the remilitarization of the world, the need for infrastructure, restructuring trade, budget deficits, so I’m looking to the future. , I think there are a lot of inflationary forces in front of us that could potentially stay a little higher than people expected.
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