Quick Glance: Jamie Dimon warns of potentially prolonged high rates
- JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.
- Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.
- Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.
- Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
The Russian defence ministry has released dramatic footages of T-72B3 tanks and Ivanovo paratroopers hunting and launching massive assaults on the Ukrainian ... Show more #russiaukrainewar #tanks #missilestrike #tornado #mlrs #trenches #ukrainerussiaconflict
"It's tough telling those guys No when you've been in the trenches with them" David Fatoki Santa Cruz Warriors GM talks about telling guys no when ... Show more
With the drop in temperature, take this chance to utilise the pullovers sitting in the trenches of your wardrobe 🤣
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Quick Glance: Cats of War: Ukrainian Pets Become Internet Sensations
- Ukrainian soldiers are fighting throughout the winter.
- Soldiers often adopt animals.
- The social media channels of the foreign and defense ministries regularly feature them, earning thousands of shares and keeping Ukraine in the global spotlight as the war continues into winter.
- Animals, particularly cats, increase the reach of social media posts and the likelihood of them being shared.
Harold Gillies devoted his life to developing techniques for reconstructing faces after witnessing the carnage of World War I—and became known as the ... Show more
Where worlds mix
From reworked trenches and streetwear-inspired shapes to tailoring and gowns, #RiccardoTisci 's final #BurberryShow was inspired by the beach as ... Show more brby.co/azi #BurberrySS23 #Burberry