119 days ago • Posted by Jasper Lawler
JP Morgan CEO Jamie Dimon letter: Boom could easily run into 2023
Wall Street Titon and JP Morgan CEO Jamie Dimon has released his annual shareholder letter. He wrote 34,000 words but one standout line is the below:
"I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the US economy will likely boom," Dimon said. "This boom could easily run into 2023 because all the spending could extend well into 2023."