JP Morgan’s Dimon: Better be prepared to deal with US rates 5% or higher
|JPMorgan's Chief Executive Officer (CEO) Jamie Dimon commented on the US Treasury yields, the Fed’s interest rates outlook and crypto markets, in an interview with the Harvard Business Review conducted over the weekend.
Key Points (via Reuters):
"You better be prepared to deal with rates 5% or higher - it's a higher probability than most people think"
Bull market could "actually go for two or three more years".
The economy still doing well, markets usually turn before the economy.
Crypto "not the same as gold or fiat currencies", referring to fiat being "supported by law, police, courts".
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