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    Jamie Dimon Warns the U.S. Economy Is Weakening and Fed Rate Cuts May Have Limited Impact

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    4 Comments

    3. Mechanik_J on

      Rate cuts will have a disastrous impact. You’ll be giving out too much money for free, causing hyperinflation.

      The problem right now isn’t necessarily inflation. It’s the artificial inflation caused by government policy.

      Tariffs, are causing prices to rise, along with greed from large corporations.

      Small businesses and farming have lost their competitive edge from losing the global marketplace and losing global trading partners, due to the tariffs.

      Energy costs are rising because of data centers and the loss of renewable energy projects that have stopped because trump axed their government funding and paperwork.

    4. Pitbubba1 on

      Yes, the problem is:

      1. No other country wants our goods.

      We really pissed off all of our trade partners. So their response is to cut back consumption of US goods.

      2. Most public company CEO’s have figured out the best way to keep their jobs are to cut labor force/spending and then use that money to buy back stock.

      *BTW buying back stock is a horrible investment in a global economy. These companies are essentially saying “yes we will pay a premium” to buy back debt.

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