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Maybe it will and maybe it won’t?
Perhaps?
Nobody knows nothin.
As J. P. Morgen once said “The market will go up and the market will go down.”
Why are so many stupid people asking stupid questions like “Where do you see the stock market heading next?” as if anyone can tell for sure where it goes in the short term?
For the headline
because they can’t ask where do you see JPM stock heading next.
Keep voting Democrat, folks! Trump’s tweets do not seem so unbearable now. What do you think, Biden voters ? You like the way your 401ks look under Crazy Joe ???
I generally don’t agree with Dimon but agree we have some more downside ahead
Why don’t you usually agree with him?
He said bitcoin was going to zero at $200 lol
+Liberty TV- He is as close to a crystal ball as you can get…
100% right about negative rates being a complete failure. If you want stable pricing you need stable interest rates. Pricing responds to interest rates. Just look at housing. Overpriced by maybe 30% or 40% just because the FED drove interest rates artificially low for almost 10 years. People look at payment thinking their house will only go up and value.
Yes in desirable areas 40 to 60% up since 2018. Less desirable areas still 20 to 30% in same time period.
I sold my starter house for what I thought was a greatly inflated price. Moved to a lower cost area and on paper my home value has increased 25% in 15 months.
Bet he is short
I don’t think it’s that simple for someone like him.
Dimon went on record multiple times over the past few months – and even notified clients – that JP Morgan is moving from growth to defensive until the upcoming storm passes. He articulated many times his concerns for macroscopic conditions, and advised the individual investor to hunker down, increase cash holdings, and lower personal expenses. Be ready for the storm, is what he’s been saying for months. His firm dropped profitable lines of credit making, because he is afraid future conditions will cause a credit squeeze and defaults will increase. They have increased cash. This isn’t a short seller trying to make a quick score on trading. He’s walking the walk.
@OC Vegas Property maybe you don’t remember he was telling everyone in 2020 all hotels where going to bankrupt while he was shorting them
smart money doesn’t short… they know markets are made for going ‘long’. But how to buy stocks at decent prices? Scaring the sheep….so you will sell, and they buy 😉
Let’s go …20% would be great. Shake out the rest of the bums and overleveraged Bitcoin traders.
Last two recessions = SnP down -50% total. Right now only down -20%
@Mk2017 K Correct, I don’t think we see this by year end, pretty sure CPI is going to come in lighter and we bounce but then we won’t fall to new lows till early next year because everyone is so bearish right now.
From peak to trough its almost there.
Average bear market with recession is 35% from ATH
Nope, the COVID recession was 35%. The one before that (2007-08) involved a sub prime lending / housing bubble and bank failures, not comparable whatsoever. Depending on the index, we are already more much more than 25% already. I mean sure we can head lower, but your claim isn’t true or lacks context.
@I am Monika absolutely. I closed my buy puts for this reason. Pulled up the charts for the past few decades it’s always the same pattern. Things look better, people get complacent and boom a large crash out of nowhere and everybody dies.
It means it will fall at least 40-50%.
*BITCOIN, BABY!!!*
Why not just buy tulips? SMH
Congrats to your baby!
We we knew it would fall 20% more, everyone would sell and buy when it’s 20% lower.
Great time to think about some dividend stocks that came down only because market conditions. You can easily picked up a long-term winner and just slowly add to it if the market could go lower And as I’ve been saying will probably go lower
@AM 88 I wanted to show you how childish your comment was, but continue caring and replying to me.
@LiberatedMind how is it childish? It’s factual. I can’t help that you’re offended by truth.
@AM 88 Aww, look how much you care. Poor little guy, so offended!
@LiberatedMind there you go again, being totally unoriginal with comebacks. Are you now going to tell me how unoriginal I am? 😂
Listen to “the man”. I feel it too. Not buying anything until the next “crash”.
Time to sell everything
S&P could go down another 50%; anyone can guess
World could end tomorrow
another 20% down but 5% dead cant bounces along the way down to wipe out shorts
“another easy 20%” is assuming a very hard landing into a severe recession, in which case probably -40 to -50% SP500 peak to trough. However, that outcome is unlikely and can’t be confirmed until early next year.
@LiberatedMind Haha! Hardly anybody is working.
@243wayne1 Oh right that’s why unemployment is 3.5%, because we are all hobos now.
@LiberatedMind recession is coming early next year, or at least first half. unemployment’s only low right now because obviously it takes time for the Fed rate hike to take effect on the economy, anywhere between 6-12 months. Consumer balance sheet already dropped to 1 trillion from 2 trillion early this year. When the unemployment rises, it’s gonna rise very quickly. Jamie Dimon said it himself recession is coming in 6-9 months.
@KP Only the first few rate hikes will have taken effect early next year. The effects also do not immediately induce a recession, it’s a lagging relationship. For the great recession for example, the rate hikes began in 2004, but the recession didn’t hit until late 2007. Now I’m not saying we will have to wait that long, but its no where near as immediate as you think it is. Jamie Dimon and other fear mongers are not people you should trust, they want retail traders to short so they can get it at better prices then squeeze them.
Another 99% fall is also easy
Long $ibm International Business Machines strong buy
This guy wants to put fear into the market so so bad
There’s good reason for it.
Are you stupid!!!! Wtf wrong with these clowns no it will not drop total 50%!!! Most big cap stocks already down 50%!!
Absolutely negative rates were/are a complete failure. The whole point of market based interest rates (and rates higher than inflation) is to work as stop lights to keep asset bubbles from forming. It is going to be immensely painful to unwind all these bubbles.
It’s very confusing to make economics out of political meltdowns. MMT and quantitative easing were political mistakes. The solution is contractionary fiscal and monetary politics.
Very uninformed comment.
@Ozzy Oz
Please elaborate on why you think QE, and 0% rates were NOT massive myopic mistake that will be extremely painful to unwind. The Fed has only been tightening a few months and things will start breaking soon.
@Ozzy Oz You sir, are a simpleton. It was a balls on accurate comment. Class dismissed.
Siiiiiiiiiick 🤙
crap
Best thing to do is vote Republican this time. The dems are FINISHED
Exaaaaaaaaaaaactly…
Dimon: you should definitely talk to one of your employees about where the stock market is going. His name is Marko.
Time to buy i guess… i wass gonna wait till next year
remember June 2022 when he said ‘a hurricane’ would be coming?
👀
Same gentleman predicted a few months ago that oil price will go up to USD 150 per barrel when it was at around USD 120 per barrel (so also about a 20% move). Obviously, it did not happen (yet). 😂
And yet OPEC just announced significant cuts.
Sick bastard. Yeah he wants the market to crash. That way he can dump a lot of money on beaten down stocks. Cause he knows your frighten and scare. That way. He can sell. When you get YOYR ass back in. F HIM.
I have one understanding. And one understanding only. The bottom will be. When you motherfuckers stop selling. And start buying. What the fuck. You don’t get it. Your creating the volatility. Your own self fulfilling prophecy. Oh MY GOD THE MARKET CRASHING. I GOT TO SELL.
so we bounce tmr?
I hope the whole market and every company goes to zero.. everybody dead including me would be nice
RIP Kaeden Wilder
The US is a culturally challenged province with a ton of structural issues. Most US banks are too arrogant to exist. Global index funds would solve that issue. Proper ESG investing also solve that matter.
I kind of expect another 20-30% drop. Hope I’m wrong.
20% is the optimistic forecast for the bears. They are just afraid of stating what is really possible.
After the peak of 2000, Nasdaq dropped 78% approximately. Individual companies like Lucent, Nortel, etc disappeared. Others like CSCO, GE dropped and never recovered. Microsoft took 16 years to get to its 2000 peak. Considering we had 0% interest rates, insane QE … every asset class is going to crash. SP-500 is a crowded trade and could crash >50% from peak. GDP of the country has been going up that much? How can such hi valuations be supported? Especially with rates going up and QT.
Yes but we will be healthier coming out. Bad companies will fail and the strong will conquer.
Hope crappy companies like tsla twtr go bust
Easy fix. Stop raising rates and start QE again. Who the fk cares what Damon or another dumb feels. These same guys said sandp will be 4200 with as many rate hikes that fed planned. Why a sudden 50% drop from prediction!? 😅
Great advice Donald
wonder if he had facelift because his skin is so much tighter
Same guy that said prepare for a storm then everyone sold, then weeks later conveniently came out and said market was good and strong for everyone to buy back, lol. Manipulation at its finest.
If you do not sell any stock, it will never drop down. Period.
Stocks can go to zero. I’ve owned a few.
Stocks can fall another 20/50/80% or they can go up by the same %. Stocks can go up or down 🤔
Is this clown real today he said the market will go down another 20 percent from here or he is bullshiting
“Negative rates after all is said and done will be a complete failure” let that sink in and then you start to realize the colossal failure of Fed policy.
Yes. Everyone today is discussing that the Fed is making a big mistake raising rates right now. Au contraire – Jamie D is saying that the FED LOWERING of rates (since say…..Greenspan’s 1990’s?) will be the complete failure.
Half my fking 401k will be into drain
I love it. It’s a race to the bottom!
This is BULLISH. THEY WANT YOU TO SELL.
450K invested in the S&P, but another 15 years before early retirement. Let’s go Brandon! 🙂
It will evaporate by then.
Your $450K is now worth $225K Lol!
So I short S&P500 thanks mate 👍 🤑🤑🤑🤑🤑
Biden has to go as fast as possible
Buy Bitcoin
please get rid of this guy, and we need Tom L ee back.
Tom has been wrecked in 2022… if you need a soul soother, find church, markets will do their thing meanwhile
Charts appear to say >>20k< bottom i could see that, but not with the macro situation though. I dont even think talkin bout the bottom is worth it atm. Macro is the worst in decades energy, inflation, rate hikes, supply shortages etc etc its the perfect storm. From 2008ish till around 2021 when the economy was boomin & the fed was printing money btc still crash about 85%. So i find it hard to accept a 75% crash for a bear market that lines up with a global recession, dont make sense to me. Institutions & whales need retail to sell so theres enough supply to meet their demand & they aint buyin yet!! The thing is retail aint got any money to ape in to btc atm & over the next 12 months or so i see less money in the system as the fed tightens & everything goes up in price. So where will the money come from in that kind of a setting?? I really dont think weve seen the bottom yet or the kind of pain coming next year after mid terms. I guess we will see, I will keep buy and just trade long term more than ever, I have made over 7.5` btc from trading with Paul Charlton in few weeks this is one of the best medium to backup your assets incase it goes bearish<<<< CHARLTONTRADING
Buying crypto does not ensure profit always for you, the market price determines your profit, stop making profit depending on the market price, glad I chose to trade and found out about Paul’s strategy..
His Strategy minimizes risk and maximizes profits. Trading with him has been incredible throughout the last few months, and I would recommend his strategy to any one..
This is the third crash I’m witnessing, nothing new, it is advisable to buy if is dip, but When these reports are either bullish or bearish, take some quantities to trade, than to hodl . Paul Charlton is the best option in other to stay on profit from the crash!!
Dimon is a 🤡
Eat my shit scammers
lets just say no to all this bs and buy bitcoin. its the only way out
Who the hell knows. Could bottom next week or go down 40%. Nobody knows.
And we’ll just pretend the media didn’t refuse to acknowledge there was any economic trouble at all for months and months
Please release the full interview
Wow no one on here looked at this also as a warning to the fed? I hope you all know when Dimon speaks you can’t bet you A$$ that the fed is paying attention, and although it’s a two sided outlook, his opinion that if they continue this route at this pace he believes it will be a complete failure is not something to be dismissed.
Lies Lies Lies that’s how he makes $$$. Just by lying to ppl. Fuq this clown!!!
He led an institution that was charged with fraud by 46 state atty General offices… I have no repect for a greek that turned his backs on American homeowners
That’s my target. S&P $2,800.
Good luck timing the market
@Uzi Game GP I think the worst is yet to come. So, I’m not buying yet.
DIMON FOR PRESIDENT
This guy got his put loaded
He ain’t buying calls that’s for sure.
I agree.. it is realistic that we drop another 20%
Also realistic that we surge 20%. What’s your point?
Who cares as if he knows.
How come this major POS is still alive?
Because he is currently enjoying a $1.4 Billion Dollar Net Worth.
Doesn’t matter who he is, nobody can accurately predict the stonks. Cause, if you can, you’ll be the first trillionaire!!
JP Morgan Stanley should be in prison for tax evasion and banking fraud an stock’s and minerals manipulation
They are bigger crook’s than bank of America.
I have no trust in this person!
Ok Jamie so basically your drawing a line down center of the decline and your drawing a descending broadening wedge.
S&P going down another 20 percent is certainly possible.
I love how everyone hangs onto Dimon’s every word, as if he’s a financial prophet who has a track record demonstrating his expertise on how the economy actually works.
Dimon has proven his expertise in one area…climbing the corporate ladder. Period. There is no evidence he can generate alpha, which is the true measure of someone’s skills at economic forecasting.
Dimon and JP Morgan were pumping the stock market as recently as September, claiming it would recover by the end of the year. He is a clown.
Then they are asking retail guys to wait so that they could buy, so I am starting to buy now
US is the culprit of the world turmoil. Why would one can think that printing money freely and irresponsibly, use US dollar as a weapon where everyone has started to forego US dollar plus sky-high debt have no consequences? This bubble busting is in the works for many years already and yet the people here are burying their heads in the sand for ages.
This guy is one of the owners of the federal reserve, who has completely corrupted our entire economy for his and the big BANKSTERS. He should be in prison.
I expected another 90% drop from here, along with the collapse of the entire credit market and the dissolution of half of the world currencies. International relations will be non-existent, and organizations such as the UN and NATO will cease to exist. There will also be global famines including in G20 countries, and wars breaking out in all regions with new diseases spreading everywhere. Nobody will want to work, and we will slow creep back into the Stone Age. Ecosystems will collapse, and there will be widespread contamination of water supplies. Only then will we see the bottom and you can buy Tesla stock.
😅
Where does the market go when Biden gets us into nuclear war?
Easy nah, it will require sustained bad inflation reports and Fed hike surprises to rach sp500 to 3000
Run, The mother of all crash is coming
scaring the sheep
@Alexander Private That’s the way to get a good buy. 🤫
@Nicky Yap true! I will sell too… just waiting for the ‘father’ of all crash’ to follow suit 😉
Lol
Easily the markets are going to come tumbling down…
COPY/GOT IT
Maybe, possibly, could. We don’t know though. So he’s just waffling
Warnings from one of the “people” who caused the 2008 financial crisis and walked away with a big bonus after being bailed out with taxpayer money!
Dimon is a clown and con man. JP Morgan has been the most bullish Wall Street firm, telling investors that the market could “climb out of this hole by the end of 2022, as recently as early September. And now Dimon comes out to spread fear AFTER the market has already made most of its downside. Why weren’t Dimon and JP Morgan warnings investors at the beginning of the year? We certainly did. Only fools pay attention to the media. It’s filled with clowns, cons and is designed to cause investors to lose money. And all of the fake investment gurus on YouTube are even worse. All fraudsters. YouTube has become the world’s largest fraud machine.
What do rich investors hope for? A crash. That’s how the rich gets richer. During economic downturns, they see them as extended Christmas sales where everything is sold at a steep discount…stocks, real estate, and other valuable assets. Rich people buy low and sell high, while the poor buy high and sell low. Just as you don’t need a weatherman to tell you it’s raining outside, you also don’t need an “expert” to predict the market.
Sooner or later most of the consumers are only going to be able to afford groceries.
Of course it could fall another 20% and then it could also rise 20% instead. No one knows and that is for sure.
The best way to describe the present economy is 08′ 2.0. Yes stocks are at a discount and things will eventually get better but my monthly living expense is up $3750 from $1600 and I’m left wondering what retirement have in store for me 5years down the line, I’m ill-prepared tbh, my 401k gains are zero-nothing and my stock portfolio?…OH WELL!
Find a mean to gain off the present market condition, we seem to be moving same direction as Venezuela and that wont be good for anybody
The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it’s quite impossible not to outperform. Netted over $800k in return on investment, since using a coach for about 2years.
I know investment-advisers can be very constructive which aids investing, but are they really that good as ya’ll make them out to be.. Mind if I ask for recommendation on this coach that guides you?
I am guided by Wendy Helene Bennett I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
Thanks, saw her credentials…very helpful, seems like the sort of expertise I need guiding me with my portfolio. Booked a call with her.
Stop giving this loser a venue. He almost single handedly destroyed his company, caused to 2008 recession, got a huge government bailout and now expects us to believe a word he says. I guess CNBC needs the ratings.
Our economic outlook when the S&P500 was 3580 on its way up was much better than the economic outlook is right now. This spells doom for me, but investors seem to like the S&P 500 at 3600. I don’t get it.
I usually buy and sell too early. So, this may be early. Seems different this time. Lol!
“Opening Remarks for the U.S.-EU Energy Ministerial” on YouTube U. S. State Department
Tats mean Market gonna big bull rebound!!!! In FED we Trust🙏