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From Inflation, to Disinflation - What it Means for the Market. And the Risk Inherent in the Tech Rally 5/31/23

CNBC's "Fast Money"

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JP Morgan CEO Jamie Dimon's Deposition

The Fed should not be confused that the market is overwhelmingly bullish right now. The most important ingredient though in inflation is the job market. Jamie Dimon says he was unaware of debates inside the bank as early as 2006, about whether or not it was appropriate to keep Jeffrey Epstein as a client. JP Morgan has released an email from Stephen Cutler, the general counsel, back in 2011, suggesting he doesn't think that Jeffrey Epstein should remain in the bank.

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