More investors are betting on a 50 basis point Fed cut this year. All feels very 07ish but on a much bigger scale. Jamie Dimon of JPMorgan said that a downturn could happen within 6 to 24 months.
Can’t even look at the news anymore without the blood boiling. All this talk of the economy teetering like it’s ’07 all over again, big bank bosses like Dimon muttering about crashes coming any day now, and there folks sit, staring at paychecks that barely cover rent and groceries. Gas is dirt cheap for once, …