SEEKING ALPHA - News & Analysis (7 Days FREE) ▶︎ Back in the media this week Dimon explained why the problems in the economy are far from over. And it has a lot to do with something that happened on the 1st of June 2022. Similar to how the Pandemic stimulus took time to materialize into surging inflation, the negative effects of this event that took place 10 months ago could be just beginning. Last year was an extremely unusual year plagued by war, record inflation, rapid interest rate increases and a stock market collapse All while unemployment remained at a record low and consumers continued to spend far in excess of pre-covid levels fueled by trillions of dollars they have in excess cash in their checking accounts. But Dimon sees dark storm clouds still circling over head and while we cannot predict exactly what the economic weather will look like, We can explore the major factors that have raised the probability of further trouble down the road. TIMESTAMPS ...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)