US Q3 GDP is expected to be 3.9% while inflation is projected to be 3.8% by September. This brings nominal Gdp to be around 7.6% in Sept… Rates are going 6%

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by DesmondMilesDant

Caption: Atlanta Fed Q3 GDP est will update on Aug 1 which will be 3.9% up from 3.5%.

Caption: Cleveland Fed suggests August cpi in September to be 3.9% but generally, it comes a % down.

What this means is rates are 100% going 6% and then it upto our Jamie Dimon if he wishes a 7% handle on fed funds. We are so getting paul volckered slowly in the future.

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OR severe Credit crunch happens causing a Deflationary death spiral and it all goes the other way around.

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Link : (34) Jamie Dimon says the Fed has ‘lost a little bit of control of inflation’ #Shorts – YouTube

(34) JPMorgan’s Dimon Says Be Prepared for Higher Rates – YouTube

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