CEO of America's Biggest Bank Issues New Stern Warning
Jamie Dimon is CEO of America's biggest bank, JP Morgan Chase, which has nearly $4 trillion in total assets. And while on a recent trip, Dimon issued a stern warning for Americans when he said, "I'm not sure if the world is prepared" for what he thinks is coming next. Dimon says his firm is now telling clients to prepare for a worst-case scenario in ONE critical sector of the markets. Dan Ferris, senior analyst here at Stansberry Research, shares the same concerns. In fact, he says Dimon's warning is not nearly strong enough: "I believe the next two years will be some of the most difficult in American history – everything you have is now at risk."
What has Dimon and Ferris so concerned today? They both believe interest rates will go much higher from here and, as Ferris explains, "will cause extraordinary damage as the value of bonds and stocks both go down, down, down." Ferris says you must understand these relationships and how it's all playing out in the real world right now. That's why he's recently published a full analysis that explains what you need to know and the fairly straightforward ways to protect yourself. Ferris warns it's going to be bad – really bad – for millions of people... But it doesn't have to be that way for you. Click here for full details while there's still time. Mike Palmer
Managing Partner, Stansberry Research | 
No comments:
Post a Comment
Keep a civil tongue.