Invest in alarm clocks
-
Jamie Dimon says the stock market overreacted, no recession ahead
Markets from equities to high-yield bonds that have been flashing warning signs are probably an overreaction to slowing growth rather than a precursor of imminent recession, according to J.P. Morgan Chase CEO Jamie Dimon. “I think markets are overreacting to short-term sentiment around a whole bunch of complex issues,” Dimon said in a Fox Business interview released Tuesday. He quickly added that the market moves were a “rational response” to slower growth and the U.S.-China trade dispute. But overall, Dimon, who leads the biggest U.S. lender, said that stock declines in December and the halting by banks of ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jan 8, 2019 11:35am Jan 8, 2019 11:35am
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2557 Comments
- Comment #2
- Quote
- Jan 8, 2019 12:03pm Jan 8, 2019 12:03pm
- loriflori
- | Joined May 2007 | Status: Member | 154 Comments
- Comment #3
- Quote
- Edited 1:21pm Jan 8, 2019 12:52pm | Edited 1:21pm
- rc11
- | Joined Jul 2015 | Status: Member | 7 Comments
- Comment #4
- Quote
- Jan 8, 2019 12:57pm Jan 8, 2019 12:57pm
- tylerbose
- Joined Oct 2011 | Status: don't trade like i do | 79 Comments
i lose money for a living
- Comment #5
- Quote
- Jan 8, 2019 4:01pm Jan 8, 2019 4:01pm
- 2dollardog
- Joined Nov 2017 | Status: Rebarkable | 415 Comments