An energy price shock and aggressive action against inflation are the biggest threats, the bank warns.
Rising energy prices and other shockwaves from the Russia-Ukraine crisis could hurt the stock market and hinder US economic recovery, JPMorgan has warned.
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The US economy cannot be hurt any more. It is already running at rock bottom, with a national debt of some $30 Trillion. The only question is, how long will it be before the American 'Slaves' realise just how bankrupt the US and its fancy dollar is. I wonder how long before they realise that Russia and China are the new men on the block. This is why the US pushed Russia to go into Ukraine. They will blame your suffering on Russia and Putin, as they rob you blind. What will the US do when Putin loses his patience completely and sanctions Gas, Oil, Wheat and Metal sales to the corrupt West. The west will squeal from pain and discomfort. Sanctions are nothing less than boomerangs in disguise.
Meanwhile, the clowns in the EU are relying on the US to supply them with gas in the future. None of this needs to happen, but the West just can’t let a crisis go to waste, and now they have their bad-guy to blame for the economic mess their own BANKS and the Elites alone have caused.
Remember, "You will own nothing, and be happy” Klaus Schwab.