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3232JPMorgan Is Stockpiling Cash – CEO Claims There’s a ‘Very Good Chance Inflation Will Be More Than Transitory’
https://www.digit.info/jpmorgan-is-stockpiling-cash-ceo-claims-theres-a-very-good-chance-inflation-will-be-more-than-transitory/
Tue, 15 Jun 2021 18:30:20 +0000https://www.digit.info/2021/06/15/jpmorgan-is-stockpiling-cash-ceo-claims-theres-a-very-good-chance-inflation-will-be-more-than-transitory/Read more]]>Investment bank JPMorgan Chase is stockpiling cash according to the company’s CEO Jamie Dimon. The investment banker doesn’t seem to believe inflation is “transitory” and he thinks there’s a “very good chance” inflation could stick around. JPMorgan Chase CEO: ‘I Do Expect to See Higher Rates and More Inflation’ At the end of April, Bitcoin.com […]
]]>Inflation Concerns Supersede Covid-19: 220 Investors Managing $650B Say Economy’s Biggest Risk Is Inflation
https://www.digit.info/inflation-concerns-supersede-covid-19-220-investors-managing-650b-say-economys-biggest-risk-is-inflation/
Wed, 17 Mar 2021 01:30:19 +0000https://www.digit.info/2021/03/17/inflation-concerns-supersede-covid-19-220-investors-managing-650b-say-economys-biggest-risk-is-inflation/Read more]]>As mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now. Instead of the former concern over Covid-19, the current number one risk […]