JP Morgan CEO Dimon says he sees a little bit of a bubble in US equity market right now
Jamie Dimon is head of JP Morgan, comments crossing news wires:US economy is doing fineUS economy almost a kind of boom nowSees a little bit of a bubble in equity markets right nowHe thinks the Federal Reserve needs to be data dependent, and if he were the FOMC he'd wait until after June to cut rates---Sheesh, 'after June' means the end of July at the earliest. This article was written by Eamonn Sheridan at www.forexlive.com.
Jamie Dimon is head of JP Morgan, comments crossing news wires:
- US economy is doing fine
- US economy almost a kind of boom now
- Sees a little bit of a bubble in equity markets right now
- He thinks the Federal Reserve needs to be data dependent, and if he were the FOMC he'd wait until after June to cut rates
---
Sheesh, 'after June' means the end of July at the earliest. This article was written by Eamonn Sheridan at www.forexlive.com.
