A lot of investors have already tweaked their portfolio amid signals that the government’s capex spend is picking up and that the Q3 earnings season will surprise on the upside. How cautious are you as we step into 2025?
US at risk of stagflation, Fed right to hold: Jamie Dimon
Jamie Dimon cautions against complacency, highlighting the risk of stagflation amid geopolitical tensions, deficits, and persistent price pressures. He acknowledges the Federal Reserve’s cautious approach