Tuesday, August 16, 2022

OMGoodness...

 


these people...just killing me smalls, just killing me...


JPMorgan CEO Jamie Dimon told wealthy clients there's a chance the US is heading into 'something worse' than a recession, report says


"JPMorgan Chase CEO Jamie Dimon estimated last week the probability that the US would head into a recession, according to a Yahoo Finance report published Saturday.

Dimon reportedly said on a client call Tuesday that the economy was "strong" but "storm clouds" were on the horizon, including federal monetary policies, Russia's invasion of Ukraine, and rising oil prices. The categorization is an apparent downgrade from Dimon's previous comments in June when he warned of an "economic hurricane."


"He also reportedly estimated a 20- to 30% chance of a "harder recession" and a 20- to 30% chance of "something worse."

(Oh Id go with the last option and much  better than a 30% chance if I was you)


"Industry leaders like Dimon have provided various economic forecasts over the past few months, as a strong US labor market clashes with two consecutive quarters of contraction — leaving many experts puzzled over whether the US is approaching a recession or is in one already.


(This is where they  just kill me smalls, having to take on an additional job just to get by, or having to have two or three jobs just to get by isn't indicative of having a strong economy or a strong labor market you bunch of nitwits...)


"Right now, it's kind of sunny," Dimon said in June. "Things are doing fine. Everyone thinks the Fed can handle this. That hurricane is right out there down the road coming our way. We just don't know if it's a minor one or Superstorm Sandy or Andrew or something like that."


("Right now, it's kind of sunny," Dimon said in June. "Things are doing fine."Everyone thinks the Fed can handle this." 

Not everyone, some of us know better and are trying to warn others...and  1 Thessalonians 5:3 there much Mr Dimon? It's the whole key how you just know this sucker is gonna blow like nothing we have ever seen before. Far to many people have their head in the sand and are not looking through the right lenses (Rose tinted glasses of Christ blood/prophecy etc.) to see what's really getting ready to happen.)


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