Eurodollar University $4.36 Trillion Bank Just Sent a MASSIVE Warning to the World
Aug 13, 2025
J.P. Morgan warns of potential interest rate cuts as economic indicators falter, especially in light of a weak jobs report. The discussion delves into the lack of tariff inflation and its impact on consumer prices. Moreover, the podcast highlights the struggle of central banks, particularly in Australia and the U.S., to navigate inflation trends while addressing persistent economic weaknesses. This lively analysis sheds light on the intricate balance of monetary policy and market realities.
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Wall Street Pivot After Jobs Surprise
- J.P. Morgan's strategists now expect Fed cuts starting in September after weak jobs data changed market views.
- The market had been pricing in lower rates as evidence of economic fragility accumulated across data points.
Dimon's Rhetoric Versus JPMorgan's Positioning
- Jamie Dimon publicly warned of inflation while JPMorgan the bank accumulated Treasuries, revealing mixed signals between talk and positioning.
- The bank's holdings implied it was betting on lower rates despite the CEO's inflation rhetoric.
Payrolls Confirm Broader Weakness
- The July payroll report confirmed what many other indicators had already signaled about weakening labor conditions.
- That confirmation accelerated market expectations for imminent Fed easing.