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Showing posts from June, 2022

The 2022 Business Downturn & The End of Inflation

 JPMorgan's Jamie Dimon said today at a conference that there's an economic "hurricane" coming, although he's choosing dramatic words, what he is referring to is the coming natural business downturn. Business owners are risk takers and owning a business is not a static process, economies have good years and bad years first and foremost and are always adapting to new technologies or trends, this affects the economy as a whole because of jobs and growth. The current economic circumstances due to Ukraine, Covid or China tensions are causing a surging inflation in energy and oil prices and has shown how fragile the linkages between the world's economies truly are. The G7 literally threatened sanctions on OPEC if they didn't increase oil production and OPEC just announced they are now looking to increase and countries like Germany and The Netherlands have lowered taxes on gasoline, this is political desparation at it's finest. Economies and markets fundamen...