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Stock impact report

Jamie Dimon says inflation is worse than people think, and that the market is too optimistic about a soft landing [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
Markets are too optimistic about inflation, interest rates, and the US economy, Dimon said. He added that rates were likelier to go higher than people might think. Markets underestimate inflation's likely endurance, as an array of factors keep price upside churning, JPMorgan CEO Jamie Dimon told Bloomberg TV "I think the underlying inflation may not go away the way people expect it to," he told the outlet at the JPMorgan Global Markets Conference. He added: "I think there are a lot of inflationary forces in front of us that may keep it a little bit higher than people expect." Looking to the future, Dimon listed examples such as the green-energy transition, infrastructure buildout, and geopolitical remilitarization as worrying sources of accelerating price growth. Upcoming policy changes could also play a role here: Rising trade restrictions or continued fiscal overspending could propel price momentum. It's a point Dimon keeps reiterating despite market bullishness, as inv Show less Read more
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