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S&P 500
5,352.96
(
-0.02%
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US TECH 100
18,545.20
(
0.02%
)
Dow Jones
38,886.17
(
0.20%
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79.75
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-0.17%
)
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(
0.04%
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davidsson10

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davidsson10

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Thursday, 05/16/2024 11:34:08 AM

Thursday, May 16, 2024 11:34:08 AM

Post# of 221546
JPMorgan Chase & Co. Chief Executive Jamie Dimon said Thursday that “happy talk” is driving stocks higher but that he’s sticking to his view that the odds of a soft landing for the U.S. economy are about half of what markets expect.

“I’m worried,” Dimon said in a Bloomberg TV interview posted on X. “Stocks are very high. I think the chances of inflation staying higher, rates going up higher, are greater than people think. My view is, whatever the world is pricing in for a soft landing, I think it’s probably half that.” -- MarketWatch
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