Jamie Dimon says economic boom fueled by deficit spending, vaccines could ‘easily run into 2023’

Automatic TRANSCRIPT

Well you talk about that. Forecast for the economy and the markets in his annual letter to shareholders. Were talking longtime head of j. P. morgan jamie diamond says deficit spending stimulus money and vaccines could altogether fueled the economic recovery. Well into the year. Twenty twenty three twenty two twenty three. So what about the market. Well if dimas right. And i believe he is and i believe the economy could be fueled could stay in a boom longer than that but if diamonds right we should remember that the market is up. Eighty five percent of the time during long periods of economic growth. Now during that other fifteen percent of the time pullbacks of up to fifteen percent can be the best time to carefully get in and or adjust your existing portfolio for continued growth.

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