Infamous Wall Street Exec Says Four-Percent Growth Ahead

Jamie Dimon, the head of J. P. Morgan Chase, predicts four-percent growth in the U.S. economy.

I’m not sure what to think of this report that Jamie Dimon thinks we are going to experience four percent growth in the economy. Much of the interview sounded like he was lobbying the government to give us another unsustainable housing bubble.

I associate Jamie Dimon with the Wall Street bailout, a horrible injustice. But I hope his prediction of four-percent growth comes true.

Trending: TREASON! It Is Now Official: The Democrat Party Is a Party of Traitors

MarketWatch reports, “Dimon thinks economists are dead wrong about GDP, predicts 4% U.S. growth.

take our poll - story continues below

Should Joe Biden drop out of the Presidential race because of his inappropriate touching of women?

  • Should Joe Biden drop out of the Presidential race because of his inappropriate touching of women?  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to Eagle Rising updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

Speaking during an interview with Fox Business’s Maria Bartiromo on Tuesday, Dimon said the recently signed tax legislation, which cuts the corporate tax rate to 21% from 35%, is likely to support higher levels for the Dow Jones Industrial Average DJIA, +0.36% the S&P 500 index SPX, +0.18% and the Nasdaq Composite Index COMP, +0.05% which have already rung up all-time highs in first several sessions of 2018, after a record-setting rally for the equity benchmarks last year.

Dimon said he expects the “competitive tax rate” to encourage deal-making on Wall Street, pointing to Europe which he said is on pace to grow at a 3% rate. A reading of gross domestic product is slated for Jan. 26.

Read the entire story.

The views expressed in this opinion article are solely those of their author and are not necessarily either shared or endorsed by

Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.

Send this to a friend