POPA Recon✔️JP Morgan CEO “I will not invest in long-term U.S. Treasury bonds and S&P 500 right now.”
✔️JP Morgan CEO “I will not invest in long-term U.S. Treasury bonds and S&P 500 right now.” Jamie Dimon assessed that both U.S. Treasury bonds and the stock market are currently under heavy price pressure. The position is that a strategy is needed to select attractive individual stocks rather than the market as a whole. • Concern about the burden of high debt and fiscal deficit in the United States • The 10-year government bond interest rate of 4-4.5% is considered appropriate. • There are no plans to make large purchases of S&P 500 at the current price
The excerpt is quoted from a public Telegram channel, which owns its text.