JPMorgan's Kelly Says Trump Tariffs to Hit Growth, Fan Inflation [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
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Source: Yahoo! Finance
economy and put upward pressure on US inflation, flagging risks that have largely been overshadowed during the stock market's post-election rally. Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Arizona Elections Signal Robust Immigration Enforcement Under Trump Scoring an Architectural Breakthrough in Denver's RiNo District Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace “The first smoke signals suggest that the tariff approach will be very aggressive,” Kelly, the firm's chief global market strategist, told Bloomberg Television Wednesday. “There are very few things that are a stagflation elixir — that can actually push inflation up and slow the economy down at the same time. Tariff for tariff will make the whole world poorer.” During the campaign, Trump suggested he could implement 60% tariffs on products from China and levies of 10% to 20% on
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JPM
Earnings
- 10/14/24 - Beat
JPM
Sec Filings
- 11/14/24 - Form 424B2
- 11/14/24 - Form 424B2
- 11/14/24 - Form 424B2
- JPM's page on the SEC website