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#JPMorgan

16 posts13 participants0 posts today
Public
Aho

#diaperdon and his lousy #business mind will most likely lead to #recession in 2025, #JPMorgan has raised the risk from 40% to 60%.

#tinyhands #trump is looking at financing the whole federal budget on #tariffs as it was in the 18th century, but then the economy also didn't grow much at all, this is what he thinks is great and miss that it's the low tariffs that gave #USA an #economical boom together with the #MarchallPlan
Where is your greatness #maga ?

Source: bloomberg.com/news/articles/20

Public
Jons Mostovojs

Regarding #USPol: I have reread 2024 analysis of project 2025 policies by #JPMorgan. They clearly state that conservatively, the #USA will tank 0.7% GDP (it's worse by current analysis) and most of it will hit import-heavy industries, implying that industries like tech won't see an *immediate* detrimental effect. They state, as clearly, that by conservative estimates, the impact on tariffed economies shall be more than twice weaker. (Again, corrected estimates increase the gap, but that's not the point here).

Key observation – it was clear to everyone that this will negatively impact American economy, especially people of low income. Do you think it wasn't clear to trump's policy makers?

If you think it was, what do you think was the actual purpose of this policy?

While we're at it, have a look at distribution of incomes of people conscripted to russian army to die in the meatgrinder (not like I have a compassion for them).

I think that the dots are easy to connect.

Public *
O=C=O

Big Banks Quietly Prepare for Catastrophic Climate Change

"We now expect a 3°C world," Morgan Stanley analysts wrote earlier this month, citing "recent setbacks to global decarbonization efforts."

#MorganStanley, #JPMorgan and an international banking group have quietly concluded that #ClimateChange will likely exceed the #ParisAgreement's 2 degree goal and are examining how to maintain profits.

The big banks' acknowledgment that the world is likely to fail at preventing warming of more than 2 degrees Celsius above preindustrial levels is spelled out in obscure reports for clients, investors and trade association members. Most were published after the reelection of President Donald Trump, who is seeking to repeal federal policies that support clean energy while turbocharging the production of oil, gas and coal — the main sources of #GlobalWarming.

Morgan Stanley’s #climate forecast was tucked into a mundane research report on the future of air conditioning stocks, which it provided to clients on March 17. A 3 degree warming scenario, the analysts determined, could more than double the growth rate of the $235 billion cooling market every year, from 3 percent to 7 percent until 2030...

Please read the full text from the link below:
scientificamerican.com/article

#ClimateCatastrophe
#Capitalism

6 bundles of US $100 bills standing vertically on edge of white shelf.
Scientific American · Big Banks Quietly Prepare for Catastrophic Climate ChangeBy Corbin Hiar
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