J.P. Morgan asset management chief global strategist reacts to Fed chair Jerome Powell’s statements on inflation Friday and weighs projections for the global economy.
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There was a time when we " made it here", we had jobs for everyone and the products were of high quality, then the 1% wanted everything. Now Inflation drives prices up and if Inflation is high and jobs disappear by the millions we are in a recession and maybe headed for a Depression…So be careful with your money. It may take decades to get back on pay again. Luck to all..
Like a forest fire that wipes out the old trees to make room for new growth,bearish periods ultimately establish a new crop of immaculate stocks to buy and watch while setting the stage for a robust new uptrend. I have been reading articles of people that grossed profits up to $315k during this crash, what are the best stocks to buy now or put on a watchlist?
If Republicans don’t like being called fascists, then they should stop acting like fascists.
SAY NO TO DIGITAL CURRENCY!! THAT'S HOW CHINA TOOK ALL THE MONEY FROM THE PEOPLE! ANYONE FOR THAT HAS A PLAN TO TAKE YOUR MONEY!!
BITCOIN, CRYPTO MINED IN CHINA! QUIT SUPPORTING THE ENEMY!
F*CK YES. GOP House Intelligence Committee ranking member Mike Turner just SILENCED Maria Bartiromo on Fox News by saying Trump could NOT have declassified the documents found at Mar-a-Lago without a paper trail to prove it.
MY FINANCIAL GOAL IS TO BE MAKING AT LEAST UP TO $1,000,000 EVERY YEAR BY INVESTING HEAVILY BOTH IN CRYPTO AND STOCK. I NEED GUIDIANCE. please comment below…
BREAKING: The Washington Post drops bombshell, reveals that Trump carried boxes of classified documents “on foreign travel, following him to hotel rooms around the world — and even countries considered foreign adversaries of the America.” RT IF YOU THINK TRUMP MUST BE LOCKED UP!
This guy is a 🤡
What is a recession. It means , the sheep are not hitting themselves as much any more . Ohhhh. Are you loosing you ability to convince people to make themselves suffer with the lies you tell them .
All you have to do is stop hitting your self . When you Consume , other people's germs , you are hitting your immune system . Making your self old and crazy . Just stop . No one is forcing you to share germs .
I thought we were in one?
We are in a recession! Americans know this. Politicians do not want the blame to their reelection cause. Do not be fooled, the economy will recover when the idiocy in the government ends. VOTERS ARE IN CONTROL.
Yeah, we've had 2 quater of negative growth, we are in a recession!
Really???? DAaaaaaaa
Where did you find that democrat? Thats funny I know someone else said we was not in a recession .
I don't like this guy
I am the neighborhood watch capt for the entire USA and I have challenged Joe Biden, Kamila Harris, Nancy Pelosi, Chuck Schumer, Adam Schiff, and Jerry Nadler with "mass elder abuse" thru the Judicial committee pending submission of an "elder abuse restraining order" of which they cannot get out of because it is true, this is also how you get rid of drug dealers in your house or in a community, it's also how I will systematically clean the swamp for all you America…there is a way to fight back…my foot is already in the door and if things go right, I will walk in the house of representatives, commandeer the Sgt at arms and I will do a citizens arrest as neighborhood watch capt for all of the elderly in the USA and arrest Nancy Pelosi for treason and mass elder abuse, then I will run for president in 2024 as a "write in"''.,.,;
Uh … we are in a recession. I am not an economist and I can see that.
November 2022 Democrat Landslide, it’s so sad cause it didn’t have to happen.
Unbelievable
With inflation running at a four-decade high, a Recession is now the ‘most likely outcome for the economy. How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $250k profit in this current crashing market, and I need ideas on how to achieve similar profits.
It’s already in a recession 🙄
We’ll be in a recession once Democrats lose in November. They have avoided & relabeled what a recession is because that would cost them votes. Both political parties suck.
Inflation is caused by the money supply increasing > MV=PY
> M ; money supply > V ; velocity how many times dollar rolls over in an economy > P ; prices of goods and services & lastly Y > Real GDP
The velocity of money and real GDP do not make gigantic changes to the formula they’re fairly constant
So what does that leave us with >…..
( money supply = price of goods and services )
Congress must stop spending money and increasing the money supply that’s causing US inflation ! The Fed chairman Powell should tell Congress to knock it off because you’re making my job harder stop spending foolishly !
BTC FOLLOWS NASDECK
Economy is depressed. Economy is socialized. Economy is no longer a capitalism.
We are in a recession…..changing the definition doesn't change that fact….next they will change the definition of broke to rich…..that will solve everything😁
We’re ALREADY in a recession!!
This is the kind of unrealistic positivity that we saw in the crash of 1929 where we eventually went into a depression. We have All the hallmarks of a severe depression and low unemployment does not mean we will not have one just like in 1929
We are in a recession. It is very vulnerable to a depression.. Most of us have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. My condolences to anyone like myself retiring in this crisis, it gets tougher by the day.
we have a bunch of spoiled children running our country badly.
Prices are falling because demand is disappearing…economy 101
Raising interest rates will just make people tighten down more.
This loser, Kelly, was pumping the market the day before the speech.
Yep…
Donald Trump and his mishandling of covid is surely a factor.
What world do you live in we are in a recession dumy