Dimon sounds the "fivefold alarm"! Facing the pincer of massive fiscal deficits and high interest rates, are Coca-Cola-style "cash cows" ever out of date?
Zhitong Finance APP has learned that Jamie Dimon, the head of JPMorgan Chase, Wall Street's largest commercial banking giant, recently warned that the U.S. economy faces five major threatsnamely, a massive fiscal deficit, stubborn inflation, elevated asset prices, rising interest rates, and geopolitical risks.
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