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Is Jamie Dimon’s “Scary and Volatile” Prediction on Target? Money Morning – Video

This is a syndicated repost published with the permission of Money Morning - Only the News You Can Profit From. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

JP Morgan CEO Jamie Dimon created a stir across the globe Thursday when he told a forum in China markets will remain volatile because of extraordinarily low interest rates.

Speaking at the Fortune Global Forum in Chengdu, China, Dimon said, “It’s a different world when central banks are managing interest rates….  Until it gets back to normal, it’s going to be scary and volatile.”

Stuart Varney, the host of FOX Business’ “Varney & Co.,” asked Money Morning Chief Investment Strategist Keith Fitz-Gerald and Wall Street analyst Meredith Whitney for their take on Dimon’s comments.

Is Dimon right? Check out what Fitz-Gerald and Whitney had to say in the accompanying video.

 




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