Option Millionaires

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JPMorgan Chase CEO Jamie Dimon CNBC interview: ?A mild to more pronounced recession is likely ahead; Cryptocurrency is a complete side show and the financial media spends way too much time talking about it (131.37)
Mr. Dimon said:

US economy is strong and consumer is spending 10% more than last year.
A mild to more pronounced recession is likely ahead.
Inflation is eroding consumer savings and spending power, which could derail the economy.
Cryptocurrency is a complete side show and the financial media spends way too much time talking about it. Cryptocurrency tokens are like "pet rocks."
Cryptocurrency is used for illegal activities and he questioned why this is allowed to continue.
He thinks Fed will raise rates to 5% and keep them there for 3-6 months.
He is not worried about what strong dollar does to multinationals.
This is not the same inflation situation as the 1970s.
The company is supporting the big oil companies.
There will be a high percentage of energy coming from oil and gas for decades.