Things are not looking good anymore on the economic horizon. CEO Jamie Dimon who is essentially Wall Street’s biggest influencer has sounded an alarm that interest rates could be getting hiked up MUCH further. He said: “I think everyone should be prepared for rates going higher from here. If that 5% is not enough, you should be prepared for 6%, or 7%.” According to CME over 70% of investors don’t believe the Fed will raise rates in the coming month, but almost 30% of them do expect another raise in general. Many people like ClearValueTax on Youtube who are analyzing the economy are thinking it could be a Hop with rates, where the government won’t raise rates in the near term incrementally, but will do a much bigger hike mid term to compensate for inflation depending on the data. Are you thinking there’s a big recession coming or that we will stabilize and improve? Comment down below and SMASH that like and subscribe button! Please note I am not a financial advisor and this is for entertainment purposes only. #useconomy #jamiedimon #jpmorgan #jpmorganchase #debtceiling #inflation #inflation2023 #recession #recession2023 #housingmarket #housing #usa @clearvaluetax9382 #clearvaluetax

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