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JPMorgan’s Dimon issues dismal warning about state of US economy

Kingsview Wide Range Monitoring CIO Scott Martin, Strategic Riches Allies Head Of State Scott Tepper and also UBS Financial Solutions personal riches consultant Alli McCartney review Jamie Dimon's discuss the united state economic situation, oil prices, the Fed's handling of inflation as well as unemployment.

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FOX Company Network (FBN) is a monetary news network providing real-time info throughout all platforms that affect both Main Street and Wall Surface Road. Headquartered in New York City– the business capital of the world– FBN introduced in October 2007 as well as is one of the leading company networks on television, having actually topped CNBC in Company Day visitors for the 2nd successive year in 2018. The network is offered in virtually 80 million residences in all markets across the USA. Possessed by FOX Corporation, FBN is a system of FOX News Media and also has bureaus in Chicago, Los Angeles, as well as Washington, D.C.

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Varney: This is a political disaster for the Democrats

FOX Business host Stuart Varney suggests the Biden group doesn't know to 'deal' with inflation.

STUART VARNEY: This management is unaware on rising cost of living. It's our most serious economic trouble, as well as the Biden team does not recognize just how to handle it.

The strategy, if you can call it that, is completely political. It's not a financial plan. It's a collection of hits on political targets: huge oil, industry, and billionaires..

Or it's "ballot purchasing,".

That is, investing trillions which they say will reduce prices for working people.

What does that do for high costs right now?

As well as those high costs harmed the very people the Democrats state they are attempting to assist!

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FOX Business Network (FBN) is a monetary information network providing real-time info across all systems that impact both Key Street as well as Wall Surface Road. Headquartered in New York– the business funding of the globe– FBN released in October 2007 as well as is just one of the leading organization networks on tv, having topped CNBC in Business Day visitors for the 2nd consecutive year in 2018. The network is offered in almost 80 million houses in all markets throughout the USA. Had by FOX Firm, FBN is a device of FOX Information Media as well as has bureaus in Chicago, Los Angeles, and also Washington, D.C.

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