Former Reagan economist Art Laffer discusses JPMorgan CEO Jamie Dimon warning about higher interest rates and the role the economy will play in the 2024 presidential election on ‘The Evening Edit.’ #foxbusiness #theeveningedit
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At the moment, the government doesn't possess clear plans to combat inflation. Inflationary forces are affecting multiple sectors, such as stocks, real estate, and commodities, resulting in price hikes. It's not wise to keep your funds idle, anticipating a market downturn. A more prudent approach is to put your money to use by initiating conservative investments and gradually increasing your commitment as prices potentially decrease. Making the decision to withdraw a substantial sum, surpassing $500,000, from my account under current circumstances poses a significant dilemma.
81,000,000 votes???
Laffer always pretty much a laugher. Hasn't changed.
This will be worse than the post Jimmy Carter years
When is everyone gonna realise that the Biden's an Democratic pty are pure evil an are just another arm of the CCP
So I'm guessing that our educational system still teaches 'how to be triggered', but does teach kids what economics is all about. That Is the only reason I can find why sentient citizens would vote for marxocrats.
Inflation has nothing to do with Biden.
If government spending causes inflation, why didn't it rise when trump spent eight trillion?
It's all caused by Covid.
The Country has no Future other than some sort of Crash ! Little people Have No Portfolios TO ADJUST ? 🙁
Really your like 12 days late on the 8% rate on home loans – I went for a duplex home loan and it was 8.345% wtf
Keep voting for the Democrats and we won't have a country
My first vote ever was against Jimmy Carter. WHY? Because we couldn't afford to buy a home under him.
I respect Dimon as a truth-sayer on economics, but he supported Biden over Trump.
There's a lot more greed than usual. I went to a dermatologist, who burned quickly and easily, removed a few skin tags. Eight months later, they sent me a bill, for $550. I thought my insurance covered it, but I changed my plan, and didn't realize I wasn't covered. I was able tho, to talk them down to $410. And it probably took them 3 minutes to do that procedure.
7%? Heck, in 1981, I was getting 19% on my savings, in money market accounts. Mortgages were what, 10%? We’possibly headed there agagn
The rich will tell you that you need to learn how to manage your money.
17% increase? I wish it was that instead of 35% that it really is.
people voted for this nonsense – and intentional take-down of the USA by a corrupted administration
To go green, we need to "invest" $60 TRILLION in Chinese companies (primarily) to buy the new energy schema. Said another way, if we leveled Europe including Russia and then stacked $60T over the entire land mass, the tower of money would be nearly 100 miles high. Half of the money would be classified as astronauts by NASA (50 miles up and you're in the club). Most satellites would be destroyed by crashing into the money tower. That's what we're talking about. By the way, there is 10,000 times more water at any point in the atmosphere than CO2, each water molecule contributes to global warming better than each CO2 molecule…CO2 isn't a rounding error to what water does. It's all fake and it's all orchestrated to shift power and treasure to China.
Third World USA.
US economy is a complete DISASTER !!!
Within a year from now, interst on the national debt will be over 1 trillion per year. The debt is 33 trillion right now then add 1 trillion + for interest? The big question is,
HOW DO WE SUSTAIN THAT ? Can anyone answer the question?
Biden's cronies just do the George Orwell 1984 stuff. Just state the opposite to the facts point blank
Well Wake UP Folks elections have consiquences This is what you get when vote for the mumy Bajden,,Man Wath were you thinking ?? For God sake
This is the result of democracy. When you think about it, democracy runs a country through baseless opinions of uneducated know-nothing people. How can you expect it to have good results? More to the point — what can be done about it? Answer — nothing.
The green transition will flounder fantastically. People will learn eventually that it is NOT green, neither ecologically nor financially. And what is more, it will require not less but more fossil fuels and likely generate more, not less, hydrocarbons. Add to this hundreds or thousands of new mines all over the world and the need for (even) more coal generated electricity and you have the fruit of this religion. And don't forget hunger. The real green revolution involved fertilizer.
Biden, his Admin, and advisors along with democrats how fast can we ruin America, well lets look just a little over 2 years will do it…
Jamie Dimon is one of the people behind this latest harvesting operation.
This is the handoff to China?
Bidenomics…guess what, it’s working!😂
Resurrect Calvin Coolidge fire 75% of the federal employees. Have a great day.
But yet, leftys vote for Dems no matter what. Its insane
Art Laffer knows this isn’t going to end well. He won’t predict 7% but you can tell he is worried.
In approximately six months, the reverse repo market will be out of money, and short-term interest rates will skyrocket. We will be over at 10% interest-rate when that happens
Quit talking over your guests. Why have a guest if you think you know more than him? Quit interrupting.
DID YOU REALLY VOTE FOR REGRETS?
MAKES YOU WONDER WHERE ALL THAT MONEY WENT WITH SUSPICION LEANING ON LAUNDERING.😮
After last week's Federal Reserve meeting, didn't chairman Powell say he would begin lowering rates next year (2024)?
A recession is when your neighbour loses his job.
A depression is when you lose your job.
Recovery is when Biden loses his job.
Really didn't think anyone could be worse than Carter.
Crazy Biden now not tommorow, USA people will be hit by PRICES they can not afford.
Art is the smartest economist out there.❤
It's a quadruple and pentacle whammy.
It's a quadruple and pentacle whammy.
Holy Chattanooga, I can't believe this.
Dow Jones slipping back to 32000 ,exactly where it was when Joe Biden took office .What we need is growth says Jamie Dimond .