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2023/11/07

CEO of America’s biggest bank has stern warning

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AN OXFORD CLUB PUBLICATION

 
Wealthy Retirement

In light of where the markets are at the moment, our friend Mike Palmer over at Stansberry Research brings up some interesting information that could prove to be helpful. We wanted to share it with you.

- Rachel Gearhart, Publisher



CEO of America's Biggest Bank has Stern Warning for Americans with Money in the Markets

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 American investors, when he said: I'm not sure if the world is prepared" for what he thinks is coming next.

Dimon says his firm is telling clients to prepare for a worst-case scenario in this critical sector of the markets.

Senior Analyst Dan Ferris at Stansberry Research has the same concerns. In fact, he says Dimon's warning is not nearly strong enough. Ferris says:

"I believe the next 2 years will be some of the most difficult in American history – everything you have is now at risk."

What has Jamie Dimon and Dan Ferris so concerned?

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 will 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 Dan Ferris recently published a full analysis that explains what you need to know, and the fairly straightforward ways to protect yourself.

Ferris says it's going to be bad, really bad, for millions of people. But it doesn't have to be that way for you.

Get the facts–learn why experts like Jamie Dimon and Dan Ferris are so concerned right now, and the four steps you should make right now.

You can access Ferris' latest analysis, free of charge, here...

Mike Palmer
Founder, Stansberry Research

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