S&P 500 And Nasdaq 100: Beware Peak Earnings

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Dimon’s Take On An Overheated U.S. Economy

Speaking on CNBC, December 6th, 2022, Jamie Dimon said U.S. spending is still 40% above pre-pandemic levels. American consumers are still burning off the stimulus cash injected in 2020 and 2021. In other words, the U.S. economy is still overheated.